The housing median value in 79331 Lamesa, TX is $80,300, which is much lower than the US House Median Value of $338,100. This difference can be explained by the higher 1 year House Appreciation rate in Lamesa of 16.22% compared to the US 1 year House Appreciation rate of 8.27%. Therefore, Lamesa is an attractive location for people looking for a home with an excellent potential for price appreciation and a relatively low upfront cost.
The median home cost in Lamesa (zip 79331) is $80,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lamesa (zip 79331) is up 19.7%.
Average Age of Homes
- The median age of Lamesa (zip 79331) real estate is 54 years old
The Rental Market in Lamesa (zip 79331)
- Renters make up 24.0% of the Lamesa (zip 79331) population
- 0.8% of houses and apartments in Lamesa (zip 79331), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.