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.