Zip 79532 (Loraine, TX) Housing

The median value of housing in 79532 Loraine, TX is $80,400, which is significantly lower than the US median value of $338,100. However, the year-over-year appreciation rate of housing in 79532 Loraine, TX is still quite strong at 7.07%, only slightly lower than the US average appreciation rate of 8.27%. This indicates that housing in Loraine, TX is an attractive and affordable option for many potential homebuyers.

The median home cost in Loraine (zip 79532) is $80,400. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Loraine (zip 79532) is up 12.3%.

Average Age of Homes

- The median age of Loraine (zip 79532) real estate is 62 years old

The Rental Market in Loraine (zip 79532)

- Renters make up 15.3% of the Loraine (zip 79532) population
- 8.9% of houses and apartments in Loraine (zip 79532), 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	Loraine, Texas	United States
	370.0	139,647,020.0
	66	42
	$80,400	$338,100
	12.3%	16.6%
	46.4%	57.0%
	78.0%	101.1%
	$19.14	$10.98
	$1,081	$2,690
	52.7%	57.4%
	37.0%	11.2%
	10.3%	31.4%
Vacant Housing
	8.9%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	1.4%	0.4%
	3.8%	3.6%
	22.2%	4.1%
Value of Owner-Occupied Housing
	19.0%	2.6%
	10.3%	2.4%
	16.9%	2.8%
	14.9%	3.9%
	7.7%	4.5%
	1.5%	11.3%
	9.7%	13.0%
	11.8%	20.1%
	2.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	6.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	0.0%	13.6%
	0.0%	13.6%
	4.9%	13.6%
	2.2%	13.2%
	12.7%	14.8%
	4.9%	13.6%
	29.2%	10.0%
	22.7%	4.7%
	12.7%	12.2%

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