The housing market in Rice, TX (75155) is robust. The median value for homes in the area is $227,500, which is significantly lower than the US median value of $338,100. Despite the lower median value, homes appreciated in Rice at a much higher rate in the past year - 19.07%, compared to 8.27% for the US. This high rate of appreciation indicates that Rice is a desirable neighborhood and that investment in housing there could reap good returns.
The median home cost in Rice (zip 75155) is $227,500. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Rice (zip 75155) is up 23.5%.
Average Age of Homes
- The median age of Rice (zip 75155) real estate is 26 years old
The Rental Market in Rice (zip 75155)
- Renters make up 15.9% of the Rice (zip 75155) population
- 0.0% of houses and apartments in Rice (zip 75155), 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.