Housing in 77659 Sour Lake, TX is a great choice for potential home buyers. The median value of housing in this area is $237,100, which is much lower than the US median value of $338,100. This means that people here are paying less for their homes than many other parts of the country. In addition, the 1 year house appreciation rate in Sour Lake is 10.20%, significantly higher than the national average of 8.27%. This indicates that people who purchase property in this area can expect to gain more in terms of equity over time compared to many other areas. Therefore, 77659 Sour Lake, TX could be a great option for those looking to buy a new home.
The median home cost in Sour Lake (zip 77659) is $237,100. Home appreciation the last 10 years has been 68.4%. Home Appreciation in Sour Lake (zip 77659) is up 10.4%.
Average Age of Homes
- The median age of Sour Lake (zip 77659) real estate is 34 years old
The Rental Market in Sour Lake (zip 77659)
- Renters make up 11.3% of the Sour Lake (zip 77659) population
- 0.3% of houses and apartments in Sour Lake (zip 77659), 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.