The housing in 78662 Red Rock, TX is quite high when compared to the US median value. According to the context provided, the median housing value in 78662 Red Rock is $465,600 while the US median housing value is only $338,100. The one year appreciation of houses in 78662 Red Rock was also much higher than that of the US as a whole at 13.25% versus 8.27%. This provides evidence for the expensive nature of housing prices in 78662 Red Rock and indicates that homes are appreciating at a faster rate than normal for this area.
The median home cost in Red Rock (zip 78662) is $465,600. Home appreciation the last 10 years has been 174.5%. Home Appreciation in Red Rock (zip 78662) is up 20.0%.
Average Age of Homes
- The median age of Red Rock (zip 78662) real estate is 22 years old
The Rental Market in Red Rock (zip 78662)
- Renters make up 10.3% of the Red Rock (zip 78662) population
- 0.0% of houses and apartments in Red Rock (zip 78662), 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.