Loop, TX is an area with a strong housing market. The median value of homes in Loop, TX is $224,500, which is significantly lower than the US House Median Value of $338,100. Despite this discrepancy between the two areas, Loop's housing market has seen an impressive appreciation rate of 16.22% over the last year - higher than the national appreciation rate of 8.27%. This shows that Loop is a desirable area for people looking to invest in real estate and own a home.
The median home cost in Loop is $224,500. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Loop is up 19.7%.
Average Age of Homes
- The median age of Loop real estate is 47 years old
The Rental Market in Loop
- Renters make up 40.1% of the Loop population
- 0.0% of houses and apartments in Loop, 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.