Zip 79778 (Rankin, TX) Housing

Housing in 79778 Rankin, TX is considerably more affordable than the national median. The median value of a house in 79778 Rankin, TX is $112,300, while the US median value is $338,100. This gives potential home buyers more purchasing power and opportunity to find a home within their budget. In addition to affordability, the area has seen an appreciation rate of 4.71% in the last year which may be appealing to investors looking for a stable return on their investment.

The median home cost in Rankin (zip 79778) is $112,300. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Rankin (zip 79778) is up 7.2%.

Average Age of Homes

- The median age of Rankin (zip 79778) real estate is 50 years old

The Rental Market in Rankin (zip 79778)

- Renters make up 23.8% of the Rankin (zip 79778) population
- 0.0% of houses and apartments in Rankin (zip 79778), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Rankin, Texas	United States
	584.0	139,647,020.0
	61	42
	$112,300	$338,100
	7.2%	16.6%
	34.1%	57.0%
	67.3%	101.1%
	$14.16	$10.98
	$1,325	$2,690
	70.4%	57.4%
	8.0%	11.2%
	21.6%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	1.0%	3.6%
	5.7%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	10.9%	2.4%
	14.6%	2.8%
	3.7%	3.9%
	24.1%	4.5%
	17.8%	11.3%
	19.5%	13.0%
	3.2%	20.1%
	1.5%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	4.8%	13.6%
	15.6%	13.2%
	11.3%	14.8%
	4.8%	13.6%
	42.6%	10.0%
	5.3%	4.7%
	2.6%	12.2%

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