The housing market in Menard, TX (zip code 76859) is appreciating at a much faster rate than the national average. The median housing value in Menard, TX is $105,300, which is significantly lower than the national median value of $338,100. However, over the past year alone, Menard's housing value has appreciated by 16.22%, which is well above the US 1 year House Appreciation rate of 8.27%. This means that property owners in Menard are seeing returns on their investments that far outpace those of other US markets.
The median home cost in Menard (zip 76859) is $105,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Menard (zip 76859) is up 19.7%.
Average Age of Homes
- The median age of Menard (zip 76859) real estate is 58 years old
The Rental Market in Menard (zip 76859)
- Renters make up 15.3% of the Menard (zip 76859) population
- 0.5% of houses and apartments in Menard (zip 76859), 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.