The housing market in Mabank, TX (75147) is remarkably strong compared to the national average. The median value of housing in Mabank is $268,000 which is significantly lower than the US median of $338,100. However, the area has seen a major increase in house appreciation year-over-year, with a 19.07% jump compared to the US average of 8.27%. This indicates that Mabank's housing market is particularly strong and that now may be an opportune time for those interested in investing or buying property in the area.
The median home cost in Mabank (zip 75147) is $268,000. Home appreciation the last 10 years has been 160.4%. Home Appreciation in Mabank (zip 75147) is up 23.5%.
Average Age of Homes
- The median age of Mabank (zip 75147) real estate is 28 years old
The Rental Market in Mabank (zip 75147)
- Renters make up 25.9% of the Mabank (zip 75147) population
- 0.9% of houses and apartments in Mabank (zip 75147), 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.