The housing market in Tyler, TX (zip code 75704) is a great investment opportunity. The median value of homes in the area is $213,900, which is 37% less than the US median value of $338,100 dollars. Furthermore, the one year appreciation rate for homes in Tyler is 16.49%, significantly higher than the 8.27% national average for this same time frame. This high rate of appreciation combined with the lower median house price make Tyler an attractive option for homebuyers looking to invest in the real estate market.
The median home cost in Tyler (zip 75704) is $213,900. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Tyler (zip 75704) is up 20.0%.
Average Age of Homes
- The median age of Tyler (zip 75704) real estate is 36 years old
The Rental Market in Tyler (zip 75704)
- Renters make up 27.0% of the Tyler (zip 75704) population
- 1.5% of houses and apartments in Tyler (zip 75704), 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.