In 75780 New Summerfield, TX the median value of housing is $93,500 which is significantly lower than the US median value of $338,100. However, this area has seen a more significant appreciation rate over the last year with a 16.49% increase in housing values compared to the 8.27% national average. This greater appreciation rate in New Summerfield suggests that it may be a good investment for potential buyers looking for an affordable and rapidly appreciating market to buy into.
The median home cost in New Summerfield (zip 75780) is $93,500. Home appreciation the last 10 years has been 96.3%. Home Appreciation in New Summerfield (zip 75780) is up 20.0%.
Average Age of Homes
- The median age of New Summerfield (zip 75780) real estate is 21 years old
The Rental Market in New Summerfield (zip 75780)
- Renters make up 33.3% of the New Summerfield (zip 75780) population
- 11.7% of houses and apartments in New Summerfield (zip 75780), 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.