The housing market in 79378 Wellman, TX is thriving. The median value of homes in this area is $129,500, which is significantly lower than the US median house value of $338,100. However, the appreciation rate for homes in this area over the past year has been 16.22%, which is significantly higher than the national average of 8.27%. This indicates that 79378 Wellman, TX is a desirable place to buy real estate and could prove to be a lucrative investment for those looking to get into the housing market at a reasonable price point.
The median home cost in Wellman (zip 79378) is $129,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Wellman (zip 79378) is up 19.7%.
Average Age of Homes
- The median age of Wellman (zip 79378) real estate is 49 years old
The Rental Market in Wellman (zip 79378)
- Renters make up 53.8% of the Wellman (zip 79378) population
- 3.5% of houses and apartments in Wellman (zip 79378), 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.