The housing market in Ravenna, TX (75476) is thriving. The median value of housing in the area is $307,800 which is significantly lower than the US median house value of $338,100. Additionally, the 1 year appreciation of houses in Ravenna has been 21.41%, much higher than the 8.27% appreciated around the US over the same period. This indicates that homes in Ravenna have been increasing in value at a faster rate than those around the country, making it a great place to invest in real estate.
The median home cost in Ravenna (zip 75476) is $307,800. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Ravenna (zip 75476) is up 23.0%.
Average Age of Homes
- The median age of Ravenna (zip 75476) real estate is 24 years old
The Rental Market in Ravenna (zip 75476)
- Renters make up 11.9% of the Ravenna (zip 75476) population
- 0.0% of houses and apartments in Ravenna (zip 75476), 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.