Housing in 78516 Alamo, TX is relatively more affordable than the US median value, as it is priced at $131,300. Although the US median house appreciation rate over the past year was 8.27%, Alamo saw an even higher appreciation rate of 14.13%. This suggests that housing in Alamo has been quickly appreciating in value and may be a good investment for those looking to purchase property in the area.
The median home cost in Alamo (zip 78516) is $131,300. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Alamo (zip 78516) is up 23.4%.
Average Age of Homes
- The median age of Alamo (zip 78516) real estate is 24 years old
The Rental Market in Alamo (zip 78516)
- Renters make up 17.2% of the Alamo (zip 78516) population
- 2.5% of houses and apartments in Alamo (zip 78516), 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.