The housing market in 79248 Paducah, TX is quite vibrant. The median value of a house in this area is $66,300, which is significantly lower than the US median house value of $338,100. However, the 1 year appreciation rate for houses in 79248 Paducah has been an impressive 16.22%, far higher than the national average of 8.27%. This indicates that both locally and nationally there is a strong demand for properties in this area and that it could be a great place to invest in real estate.
The median home cost in Paducah (zip 79248) is $66,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Paducah (zip 79248) is up 19.7%.
Average Age of Homes
- The median age of Paducah (zip 79248) real estate is 53 years old
The Rental Market in Paducah (zip 79248)
- Renters make up 18.2% of the Paducah (zip 79248) population
- 1.8% of houses and apartments in Paducah (zip 79248), 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.