The housing in Richland Springs, Texas (76871) is an attractive option for potential homebuyers. The median value of homes in this area is $194,800, which is significantly lower than the US median value of $338,100. In addition to this great price point, Richland Springs has seen a higher year-over-year house appreciation rate than the US average - a whopping 16.22%, compared to 8.27% nationally. With its relatively low cost and high appreciation rate, Richland Springs is an ideal place to invest in a new home or find a great deal on an existing one.
The median home cost in Richland Springs (zip 76871) is $194,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Richland Springs (zip 76871) is up 19.7%.
Average Age of Homes
- The median age of Richland Springs (zip 76871) real estate is 42 years old
The Rental Market in Richland Springs (zip 76871)
- Renters make up 10.1% of the Richland Springs (zip 76871) population
- 1.8% of houses and apartments in Richland Springs (zip 76871), 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.