Irving, TX

Population: 228,653
Average annual home appreciation rate: 16.75%
Total of homes for sale in this market: 237
Median home price: $166,899
Median Rent: $998 per room
Home price range: 45.67% of homes are between $122,001 – $245,000
Median sales price: $105,000
Number of homes: 167
Median foreclosure sales price: $105,501
Foreclosure discount: N/A
Most common home type: 47.08% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 9.18%
Number of renters: 61.39%
Number of owner occupied: 38.61%
Number people living below poverty level: 16.14%
Unemployment rate: 3.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Irving 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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