Nocona, TX 76255 is a great place to buy or invest in housing. The median home value in the area is currently $165,600, which is significantly lower than the U.S. median of $338,100. This represents an attractive opportunity for those looking to purchase property in the area. In addition, the 1 year house appreciation rate in Nocona has been 16.66%, much higher than the national average of 8.27%. This trend indicates that homes in this area are appreciating quickly and have greater potential for future growth as well as profits on any investments made now.
The median home cost in Nocona (zip 76255) is $165,600. Home appreciation the last 10 years has been 147.5%. Home Appreciation in Nocona (zip 76255) is up 21.8%.
Average Age of Homes
- The median age of Nocona (zip 76255) real estate is 42 years old
The Rental Market in Nocona (zip 76255)
- Renters make up 24.9% of the Nocona (zip 76255) population
- 1.8% of houses and apartments in Nocona (zip 76255), 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.