The city of Hereford, TX (79045) has a housing median value of $133,900 - substantially lower than the US house median value of $338,100. However, it has experienced significantly higher appreciation over the past year at 12.81%, compared to the 8.27% appreciation rate for US houses. This suggests that despite having a lower median value, Hereford is seeing strong demand for its housing market and could be an attractive option for prospective homebuyers looking to invest in the area.
The median home cost in Hereford (zip 79045) is $133,900. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Hereford (zip 79045) is up 11.4%.
Average Age of Homes
- The median age of Hereford (zip 79045) real estate is 50 years old
The Rental Market in Hereford (zip 79045)
- Renters make up 29.5% of the Hereford (zip 79045) population
- 1.4% of houses and apartments in Hereford (zip 79045), 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.