The housing market in Beaumont, TX (77705) is performing positively. The median value of homes in the area is $106,100, which is significantly lower than the US median home value of $338,100. This means that buyers can get more house for their money in Beaumont. On top of that, the appreciation rate on local homes over the past year has been 10.01%, much higher than the 8.27% appreciation rate nationally. Therefore, buying a house in 77705 Beaumont, TX is a wise investment decision that will likely result in good returns over time.
The median home cost in Beaumont (zip 77705) is $106,100. Home appreciation the last 10 years has been 64.6%. Home Appreciation in Beaumont (zip 77705) is up 11.1%.
Average Age of Homes
- The median age of Beaumont (zip 77705) real estate is 44 years old
The Rental Market in Beaumont (zip 77705)
- Renters make up 33.5% of the Beaumont (zip 77705) population
- 1.3% of houses and apartments in Beaumont (zip 77705), 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.