The housing market in Sterling City, Texas is considered to be quite prosperous. According to the latest figures, the median value of homes in this area is $97,200, much lower than the US median of $338,100. However, with a one year appreciation rate of 11.51%, Sterling City is well above the national appreciation rate of 8.27%. This suggests that it is a good choice for people looking for an investment in real estate as it offers high returns and low purchase costs.
The median home cost in Sterling City (zip 76951) is $97,200. Home appreciation the last 10 years has been 93.8%. Home Appreciation in Sterling City (zip 76951) is up 15.5%.
Average Age of Homes
- The median age of Sterling City (zip 76951) real estate is 40 years old
The Rental Market in Sterling City (zip 76951)
- Renters make up 19.5% of the Sterling City (zip 76951) population
- 1.1% of houses and apartments in Sterling City (zip 76951), 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.