The housing market in Somerset, TX (78069) is doing much better than the national average. The median home value in Somerset is $221,900, while the US median home value is $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, but in Somerset it's 15.93%, indicating a much faster growth rate for homes in this area. This makes Somerset an attractive option for potential homeowners looking to invest in a rising market.
The median home cost in Somerset (zip 78069) is $221,900. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Somerset (zip 78069) is up 17.4%.
Average Age of Homes
- The median age of Somerset (zip 78069) real estate is 26 years old
The Rental Market in Somerset (zip 78069)
- Renters make up 25.8% of the Somerset (zip 78069) population
- 1.4% of houses and apartments in Somerset (zip 78069), 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.