Zip 78583 (Rio Hondo, TX) Housing

The housing market in 78583 Rio Hondo, TX is quite attractive. The median value of homes in the area is $158,400, which is much lower than the US median of $338,100. In the past year, home appreciation in the area has risen 14.13%, which is higher than the nation-wide appreciation rate of 8.27%. This makes 78583 Rio Hondo a great place to invest in real estate and to purchase or rent a house.

The median home cost in Rio Hondo (zip 78583) is $158,400. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Rio Hondo (zip 78583) is up 23.4%.

Average Age of Homes

- The median age of Rio Hondo (zip 78583) real estate is 31 years old

The Rental Market in Rio Hondo (zip 78583)

- Renters make up 11.5% of the Rio Hondo (zip 78583) population
- 6.5% of houses and apartments in Rio Hondo (zip 78583), 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	Rio Hondo, Texas	United States
	2,926.0	139,647,020.0
	31	42
	$158,400	$338,100
	23.4%	16.6%
	56.4%	57.0%
	75.5%	101.1%
	$17.83	$10.98
	$1,383	$2,690
	58.4%	57.4%
	30.5%	11.2%
	11.2%	31.4%
Vacant Housing
	6.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.4%	0.4%
	13.3%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	4.5%	2.4%
	20.5%	2.8%
	5.6%	3.9%
	5.0%	4.5%
	28.0%	11.3%
	20.2%	13.0%
	5.3%	20.1%
	3.3%	13.6%
	0.0%	8.3%
	6.1%	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%
	25.9%	13.6%
	25.9%	13.6%
	20.6%	13.6%
	23.7%	13.2%
	11.5%	14.8%
	20.6%	13.6%
	4.0%	10.0%
	3.0%	4.7%
	1.3%	12.2%

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