The housing market in 75453 Lone Oak, TX is currently strong. The median value of homes in the area is currently $267,100, while the United States median home value is $338,100. This difference in median home values between Lone Oak and the nation as a whole may indicate that Lone Oak offers more affordable housing options for those interested in buying or selling a home. In addition to this, the one-year appreciation of homes in Lone Oak is 21.41%, which is much higher than the national average of 8.27%. This indicates that there has been a significant increase in home values over the last year due to increased demand from buyers and investors alike. Overall, it appears that the housing market in Lone Oak is on an upward trend and should continue to be attractive for buyers looking for an affordable place to live.
The median home cost in Lone Oak (zip 75453) is $267,100. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Lone Oak (zip 75453) is up 23.0%.
Average Age of Homes
- The median age of Lone Oak (zip 75453) real estate is 28 years old
The Rental Market in Lone Oak (zip 75453)
- Renters make up 18.0% of the Lone Oak (zip 75453) population
- 0.2% of houses and apartments in Lone Oak (zip 75453), 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.