The housing market in 77083 Mission Bend, TX is thriving. The median value of homes in the area is $253,600, which is significantly lower than the US median value of $338,100. However, house appreciation over the past year has been quite strong in this area with an 11.28% increase compared to the US average of 8.27%. This strong rate of appreciation makes Mission Bend an attractive location for potential homebuyers and investors alike. As such, it is no surprise that so many people are flocking to this area and taking advantage of the strong housing market.
The median home cost in Mission Bend (zip 77083) is $253,600. Home appreciation the last 10 years has been 93.0%. Home Appreciation in Mission Bend (zip 77083) is up 12.8%.
Average Age of Homes
- The median age of Mission Bend (zip 77083) real estate is 29 years old
The Rental Market in Mission Bend (zip 77083)
- Renters make up 27.5% of the Mission Bend (zip 77083) population
- 1.2% of houses and apartments in Mission Bend (zip 77083), 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.