Zip 78577 (Pharr, TX) Housing


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In Pharr, TX (78577), the median value of housing is $148,600. This is significantly lower than the median value of housing in the United States which is currently set at $338,100. Despite this, Pharr has seen a higher house appreciation rate over the last year at 14.13%, compared to the US average of 8.27%. These figures indicate that investment in property in Pharr offers great potential for strong returns.

The median home cost in Pharr (zip 78577) is $148,600. Home appreciation the last 10 years has been 75.5%. Home Appreciation in Pharr (zip 78577) is up 23.4%.

Average Age of Homes
- The median age of Pharr (zip 78577) real estate is 20 years old
The Rental Market in Pharr (zip 78577)
- Renters make up 34.6% of the Pharr (zip 78577) population
- 3.5% of houses and apartments in Pharr (zip 78577), 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingPharr, TexasUnited States
  26,553.0139,647,020.0
  2242
  $148,600$338,100
  23.4%16.6%
  56.4%57.0%
  75.5%101.1%
  $23.09$10.98
  $1,979$2,690
  51.0%57.4%
  12.3%11.2%
  36.7%31.4%
  Vacant Housing
  3.5%1.9%
  0.1%0.4%
  1.2%0.7%
  0.2%0.4%
  5.2%3.6%
  2.2%4.1%
  Value of Owner-Occupied Housing
  4.1%2.6%
  12.5%2.4%
  13.5%2.8%
  15.4%3.9%
  13.3%4.5%
  20.0%11.3%
  12.1%13.0%
  6.1%20.1%
  0.7%13.6%
  1.9%8.3%
  0.2%9.7%
  0.1%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.5%0.2%
  31.7%13.6%
  31.7%13.6%
  19.5%13.6%
  13.5%13.2%
  8.6%14.8%
  19.5%13.6%
  2.5%10.0%
  2.0%4.7%
  0.6%12.2%
Commute

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