The housing market in 75488 Telephone, TX is looking very attractive right now. The median value for homes in the area is $308,500, which is lower than the US median value of $338,100. This makes it an ideal place to invest in property. In addition, the 1 year house appreciation rate here is 21.41%, much higher than the national average of 8.27%. This means that your home could be worth significantly more than you paid for it in just a year's time. Investing in property here could potentially be a great idea for anyone looking to make some money off their investment quickly.
The median home cost in Telephone (zip 75488) is $308,500. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Telephone (zip 75488) is up 23.0%.
Average Age of Homes
- The median age of Telephone (zip 75488) real estate is 26 years old
The Rental Market in Telephone (zip 75488)
- Renters make up 7.2% of the Telephone (zip 75488) population
- 0.0% of houses and apartments in Telephone (zip 75488), 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.