The housing market in Manvel, TX is performing much better than the typical US market. The median value of a house in Manvel is $375,000, which is more than 10% higher than the national benchmark of $338,100. In addition, while the US experienced an 8.27% appreciation in home values over the past year, homes in Manvel appreciated by 12.95%. For potential homeowners and property developers looking to invest in this area, these figures indicate that there are currently significant opportunities for a good return on investment.
The median home cost in Manvel is $375,000. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Manvel is up 15.9%.
Average Age of Homes
- The median age of Manvel real estate is 18 years old
The Rental Market in Manvel
- Renters make up 15.8% of the Manvel population
- 0.6% of houses and apartments in Manvel, 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.