The housing market in Lorenzo, TX (79343) is a great opportunity for people looking to invest. The median value for housing in the area is $89,800, significantly less than the US median of $338,100. Additionally, the 1 year appreciation rate for homes in Lorenzo is 16.22%, higher than the US average of 8.27%. These factors make it a prime location for anyone interested in investing in real estate.
The median home cost in Lorenzo (zip 79343) is $89,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Lorenzo (zip 79343) is up 19.7%.
Average Age of Homes
- The median age of Lorenzo (zip 79343) real estate is 54 years old
The Rental Market in Lorenzo (zip 79343)
- Renters make up 24.6% of the Lorenzo (zip 79343) population
- 5.2% of houses and apartments in Lorenzo (zip 79343), 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.