Housing in 76454 Gorman, TX is relatively affordable compared to the US House Median Value of $338,100. According to data, the median value of a house in Gorman is $119,800 and has seen an increase of 16.22% over the past year. This is significantly higher than the 1 year appreciation rate for houses across the US at 8.27%. This suggests that the housing market in 76454 Gorman is booming which makes it a great place for potential buyers or investors looking for good deals.
The median home cost in Gorman (zip 76454) is $119,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Gorman (zip 76454) is up 19.7%.
Average Age of Homes
- The median age of Gorman (zip 76454) real estate is 48 years old
The Rental Market in Gorman (zip 76454)
- Renters make up 12.5% of the Gorman (zip 76454) population
- 4.2% of houses and apartments in Gorman (zip 76454), 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.