Zip 76462 (Lipan, TX) Housing

The housing market in 76462 Lipan, TX is thriving compared to the national average. The median value for a house in Lipan is $472,000, which is almost 40% higher than the US median house value of $338,100. Furthermore, the one-year appreciation rate for houses in Lipan is 16.22%, significantly higher than the US average of 8.27%. This indicates that housing prices in Lipan are increasing at a much faster rate than elsewhere in the country and suggests there may be good investment opportunities in this area.

The median home cost in Lipan (zip 76462) is $472,000. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lipan (zip 76462) is up 19.7%.

Average Age of Homes

- The median age of Lipan (zip 76462) real estate is 26 years old

The Rental Market in Lipan (zip 76462)

- Renters make up 15.6% of the Lipan (zip 76462) population
- 0.0% of houses and apartments in Lipan (zip 76462), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lipan, Texas	United States
	1,691.0	139,647,020.0
	29	42
	$472,000	$338,100
	19.7%	16.6%
	63.7%	57.0%
	99.0%	101.1%
	$11.86	$10.98
	$2,372	$2,690
	80.4%	57.4%
	7.9%	11.2%
	11.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.2%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	1.3%	2.6%
	1.7%	2.4%
	7.1%	2.8%
	15.4%	3.9%
	4.7%	4.5%
	3.8%	11.3%
	16.0%	13.0%
	10.7%	20.1%
	21.8%	13.6%
	3.6%	8.3%
	1.3%	9.7%
	7.9%	3.9%
	0.3%	2.2%
	3.9%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	29.0%	13.6%
	29.0%	13.6%
	15.3%	13.6%
	9.8%	13.2%
	13.3%	14.8%
	15.3%	13.6%
	4.7%	10.0%
	11.9%	4.7%
	2.0%	12.2%

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