The housing market in 76853 Lometa, TX is on the rise. The median value of homes in the area is $226,600, which is significantly lower than the nationwide median value of $338,100. However, despite its lower costs, the one year appreciation rate for homes in Lometa is 16.22%, significantly higher than the US average of 8.27%. This indicates that property values in Lometa are increasing quickly and have potential to increase further as demand for quality housing rises.
The median home cost in Lometa (zip 76853) is $226,600. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lometa (zip 76853) is up 19.7%.
Average Age of Homes
- The median age of Lometa (zip 76853) real estate is 41 years old
The Rental Market in Lometa (zip 76853)
- Renters make up 16.9% of the Lometa (zip 76853) population
- 0.8% of houses and apartments in Lometa (zip 76853), 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.