Irving, TX

Population: 224,047
Average annual home appreciation rate: 8.67%
Total of homes for sale in this market:
Median home price: $137,447
Median Rent: $766 per room
Home price range: 49.67% of homes are between $103,001 – $206,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 48.28% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 9.92%
Number of renters: 60.43%
Number of owner occupied: 39.57%
Number people living below poverty level: 16.12%
Unemployment rate: 6.20%
Is this area perfect for real estate deals going on right now? Relative to Texas, data shows that Irving’s latest annual appreciation rate is higher than 80% of the other cities and towns in Texas. This makes Irving one of the highest appreciating communities in the nation for the latest quarter, and may signal the city’s near-future real estate investment strength. Lower home prices, higher rental rates, and higher appreciation rates could mean a fantastic opportunity for the buy and hold investor.

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