Housing in 75489 Tom Bean, TX is a great investment, with the median value currently sitting at $281,500. This is significantly lower than the US House Median Value of $338,100, making it a great opportunity to purchase an affordable home. Furthermore, the yearly appreciation rate for housing in this area has been 21.41%, much higher than the US average of 8.27% - making it a sound financial investment. With its low median value and high appreciation rate, 75489 Tom Bean is an ideal place to invest in real estate.
The median home cost in Tom Bean (zip 75489) is $281,500. Home appreciation the last 10 years has been 144.0%. Home Appreciation in Tom Bean (zip 75489) is up 23.0%.
Average Age of Homes
- The median age of Tom Bean (zip 75489) real estate is 42 years old
The Rental Market in Tom Bean (zip 75489)
- Renters make up 30.5% of the Tom Bean (zip 75489) population
- 0.0% of houses and apartments in Tom Bean (zip 75489), 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.