The housing market in South Alamo, TX is an attractive option for both buyers and sellers. The median value of a home in the area is currently $112,700 which is significantly lower than the US House Median Value of $338,100. In addition, the 1 year house appreciation rate in South Alamo is 14.13%, higher than the US 1 year House Appreciation rate of 8.27%. This suggests that South Alamo is seeing strong growth and appreciation in its housing market. With these factors combined, South Alamo offers a unique opportunity for individuals looking to invest or buy a home in the area.
The median home cost in South Alamo is $112,700. Home appreciation the last 10 years has been 75.5%. Home Appreciation in South Alamo is up 23.4%.
Average Age of Homes
- The median age of South Alamo real estate is 23 years old
The Rental Market in South Alamo
- Renters make up 15.1% of the South Alamo population
- 0.0% of houses and apartments in South Alamo, 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.