Housing in 79701 Midland, TX is quite affordable compared to the US median value. The median value of a house in 79701 Midland, TX is $187,600 - considerably lower than the US median of $338,100. In the past year, the US housing market saw an 8.27% appreciation rate whereas in 79701 Midland, TX it was only 4.71%. This indicates that housing prices in 79701 Midland, TX have been more stable over this period of time when compared to other areas of the country. Ultimately, this makes 79701 Midland a great place for buyers looking for affordability and stability in their purchase.
The median home cost in Midland (zip 79701) is $187,600. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Midland (zip 79701) is up 7.2%.
Average Age of Homes
- The median age of Midland (zip 79701) real estate is 56 years old
The Rental Market in Midland (zip 79701)
- Renters make up 30.2% of the Midland (zip 79701) population
- 2.1% of houses and apartments in Midland (zip 79701), 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.