Beaumont, TX

Population: 117,796
Average annual home appreciation rate: 4.09%
Total of homes for sale in this market: 159
Median home price: $100,127
Median Rent: $804 per room
Home price range: 32.58% of homes are between $103,001 – $206,000
Median sales price: $11,100
Number of homes: 108
Median foreclosure sales price: $56,406
Foreclosure discount: N/A
Most common home type: 66.47% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.17%
Number of renters: 44.37%
Number of owner occupied: 55.63%
Number people living below poverty level: 22.79%
Unemployment rate: 5.70%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Beaumont area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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