The housing market in Ovalo, TX (79541) is slightly below the US average, with an estimated median value of $331,500. While the US home appreciation rate was 8.27%, the house appreciation rate in Ovalo was 7.07%. Despite being slightly lower than the national average, the housing market in Ovalo is still healthy and growing at a steady rate. Homeowners can expect to see their assets increase over time as demand for property rises. With its moderate cost of living and strong community values, Ovalo offers a great place for those looking to invest in real estate or purchase their first home.
The median home cost in Ovalo (zip 79541) is $331,500. Home appreciation the last 10 years has been 78.0%. Home Appreciation in Ovalo (zip 79541) is up 12.3%.
Average Age of Homes
- The median age of Ovalo (zip 79541) real estate is 28 years old
The Rental Market in Ovalo (zip 79541)
- Renters make up 20.2% of the Ovalo (zip 79541) population
- 0.0% of houses and apartments in Ovalo (zip 79541), 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.