Mexia, TX is a great place to invest in housing with a median value of $115,200. This is significantly lower than the US House Median Value of $338,100, making Mexia an attractive option for those looking to purchase a home. Additionally, the 1 year house appreciation rate in Mexia is 17.68%, which is almost double that of the US 1 year House Appreciation rate of 8.27%. This means that those who invest in housing in Mexia can expect to see excellent returns on their investments.
The median home cost in Mexia is $115,200. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Mexia is up 21.3%.
Average Age of Homes
- The median age of Mexia real estate is 45 years old
The Rental Market in Mexia
- Renters make up 28.1% of the Mexia population
- 0.7% of houses and apartments in Mexia, 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.