The housing market in Timpson, TX (zip code 75975) is booming. The median value of a house in the area is $159,700, which is much lower than the US median value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, but in Timpson it's 16.22% - nearly double! This indicates that the housing market is strong and growing in the area; this could be a great opportunity for potential home buyers or investors looking to capitalize on an up-and-coming market.
The median home cost in Timpson (zip 75975) is $159,700. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Timpson (zip 75975) is up 19.7%.
Average Age of Homes
- The median age of Timpson (zip 75975) real estate is 37 years old
The Rental Market in Timpson (zip 75975)
- Renters make up 24.7% of the Timpson (zip 75975) population
- 0.9% of houses and apartments in Timpson (zip 75975), 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.