The housing market in Encantada-Ranchito-El Calaboz, TX is healthy and thriving. The median value of a house in the area is $126,500, which is significantly lower than the US median value of $338,100. Despite the lower value, the 1 year appreciation rate for houses in Encantada-Ranchito-El Calaboz is much higher at 14.13%, compared to 8.27% nationwide. This indicates that houses in Encantada-Ranchito-El Calaboz are appreciating faster than the national average, making it an attractive place to invest in real estate.
The median home cost in Encantada-Ranchito-El Calaboz is $126,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Encantada-Ranchito-El Calaboz is up 23.4%.
Average Age of Homes
- The median age of Encantada-Ranchito-El Calaboz real estate is 27 years old
The Rental Market in Encantada-Ranchito-El Calaboz
- Renters make up 14.5% of the Encantada-Ranchito-El Calaboz population
- 0.0% of houses and apartments in Encantada-Ranchito-El Calaboz, 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.