The housing market in Dorchester, TX is a thriving one. The median value of homes is $342,500, which is higher than the US House median value of $338,100. Furthermore, the 1 year house appreciation rate in Dorchester is 21.32%, significantly higher than the 8.27% appreciation rate seen across the United States as a whole. This growth shows that Dorchester's housing market is an attractive and desirable one, making it an increasingly popular place to purchase a home.
The median home cost in Dorchester is $342,500. Home appreciation the last 10 years has been 144.2%. Home Appreciation in Dorchester is up 23.0%.
Average Age of Homes
- The median age of Dorchester real estate is 42 years old
The Rental Market in Dorchester
- Renters make up 29.5% of the Dorchester population
- 0.0% of houses and apartments in Dorchester, 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.