Murchison, TX is a great place to live with a median home value of $222,100 - that's significantly less than the US median house value of $338,100. Even better news for residents of Murchison is that house appreciation over the last year has been 16.49%, which is more than double the 8.27% appreciated experienced nationally over the same period. The strong appreciation in Murchison illustrates that this is an attractive and affordable housing market, and many people are taking advantage of these favorable conditions.
The median home cost in Murchison is $222,100. Home appreciation the last 10 years has been 96.3%. Home Appreciation in Murchison is up 20.0%.
Average Age of Homes
- The median age of Murchison real estate is 40 years old
The Rental Market in Murchison
- Renters make up 28.4% of the Murchison population
- 0.0% of houses and apartments in Murchison, 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.