Marfa, TX is a unique and growing city that has experienced a sharp increase in housing median value over the past year. With a median value of $182,400, it is significantly lower than the national median value of $338,100. However, Marfa saw an impressive 16.22% appreciation rate in the past year compared to the 8.27% appreciation rate nationally. This demonstrates that Marfa is becoming an increasingly desirable place to live and buy property - making it a great investment for those looking for real estate in the area.
The median home cost in Marfa is $182,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Marfa is up 19.7%.
Average Age of Homes
- The median age of Marfa real estate is 77 years old
The Rental Market in Marfa
- Renters make up 21.7% of the Marfa population
- 4.0% of houses and apartments in Marfa, 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.