Housing in May, TX (zip code 76857) is quite a bit more affordable than the US median house value. In May, the median housing value is $177,400, compared to the national median of $338,100. This lower cost is compounded by an impressive appreciation over the past year of 16.22%, significantly higher than the US 1-year house appreciation rate of 8.27%. This means that May is a great place to invest in real estate due to its affordability and strong potential for growth.
The median home cost in May (zip 76857) is $177,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in May (zip 76857) is up 19.7%.
Average Age of Homes
- The median age of May (zip 76857) real estate is 31 years old
The Rental Market in May (zip 76857)
- Renters make up 5.6% of the May (zip 76857) population
- 0.8% of houses and apartments in May (zip 76857), 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.