Lufkin, TX

Population: 36,085
Average annual home appreciation rate: 5.39%
Total of homes for sale in this market: 208
Median home price: $101,959
Median Rent: $865 per room
Home price range: 37.96% of homes are between $55,001 – $110,000
Median sales price: NO DATA
Number of homes: 12
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 69.58% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.92%
Number of renters: 47.57%
Number of owner occupied: 52.43%
Number people living below poverty level: 22.52%
Unemployment rate: 5.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Lufkin 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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