The housing in 79853 Tornillo, TX is a great investment opportunity. The Median Value for houses in this area is $143,300, which is far lower than the US House Median Value of $338,100. This difference creates a more affordable option for potential buyers looking to purchase real estate in the area. Furthermore, the House 1 year appreciation rate in Tornillo was 16.22%, significantly higher than the US average of 8.27%. This trend indicates that prices are likely to continue increasing over time, resulting in a potentially lucrative return on investment for those who purchase property here.
The median home cost in Tornillo (zip 79853) is $143,300. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Tornillo (zip 79853) is up 19.7%.
Average Age of Homes
- The median age of Tornillo (zip 79853) real estate is 28 years old
The Rental Market in Tornillo (zip 79853)
- Renters make up 17.2% of the Tornillo (zip 79853) population
- 2.5% of houses and apartments in Tornillo (zip 79853), 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.