The housing market in 75707 Tyler, TX is strong. The median value of homes in the area is $290,600 which is lower than the US house median value of $338,100. However, the 1 year appreciation rate for houses in 75707 Tyler, TX is 16.49%, higher than the US 1 year house appreciation rate of 8.27%. This high appreciation rate indicates that housing prices are increasing rapidly and investors should take note of this trend. With its strong housing market and attractive low median house value, 75707 Tyler, TX offers many opportunities for potential homeowners or real estate investors.
The median home cost in Tyler (zip 75707) is $290,600. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Tyler (zip 75707) is up 20.0%.
Average Age of Homes
- The median age of Tyler (zip 75707) real estate is 24 years old
The Rental Market in Tyler (zip 75707)
- Renters make up 26.1% of the Tyler (zip 75707) population
- 4.3% of houses and apartments in Tyler (zip 75707), 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.