Lago, TX is a vibrant city with a strong housing market. The median value of homes in Lago, TX is $183,500, which is significantly lower than the US median value of $338,100. The appreciation rate in Lago has been higher than the national average; over the last year it has risen 14.13%, compared to 8.27% nationally. This indicates that while home values are lower than average in Lago, they are still rising rapidly and may continue to rise as people flock to the area for its affordability and amenities.
The median home cost in Lago is $183,500. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Lago is up 23.4%.
Average Age of Homes
- The median age of Lago real estate is 36 years old
The Rental Market in Lago
- Renters make up 0.0% of the Lago population
- 0.0% of houses and apartments in Lago, 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.