The housing market in Crane, TX is slightly lower than the rest of the country. The median value of a house in Crane is $140,900, which is significantly less than the US median house value of $338,100. Additionally, the 1 year appreciation rate for homes in Crane is 4.71%, which is only a fraction of what it is across the whole United States at 8.27%. This could be indicative of a more stable housing market without too much volatility or rapid growth.
The median home cost in Crane is $140,900. Home appreciation the last 10 years has been 67.3%. Home Appreciation in Crane is up 7.2%.
Average Age of Homes
- The median age of Crane real estate is 52 years old
The Rental Market in Crane
- Renters make up 26.7% of the Crane population
- 3.6% of houses and apartments in Crane, 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.