The housing market in 79039 Groom, TX is quite impressive. The median value of a house in the area is $119,900, which is much lower than the US median value of $338,100. In the past year alone, there has been an 8.27% appreciation rate for houses nationwide, but the rate in 79039 Groom, TX is even higher at 12.81%. This means that homes are more valuable in this area and that it would be a good time to invest in real estate. It also suggests that the local economy is strong and growing.
The median home cost in Groom (zip 79039) is $119,900. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Groom (zip 79039) is up 11.4%.
Average Age of Homes
- The median age of Groom (zip 79039) real estate is 54 years old
The Rental Market in Groom (zip 79039)
- Renters make up 11.5% of the Groom (zip 79039) population
- 0.0% of houses and apartments in Groom (zip 79039), 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.