Webster, TX

Population: 10,621
Average annual home appreciation rate: 2.58%
Total of homes for sale in this market:
Median home price: $108,865
Median Rent: $893 per room
Home price range: 44.57% of homes are between $104,001 – $208,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 84.40% of homes are COMPLEXES OR HIGH RISE APARTMENTS
Number of vacant homes: 15.51%
Number of renters: 84.60%
Number of owner occupied: 15.40%
Number people living below poverty level: 20.74%
Unemployment rate: 7.50%
Is this area perfect for real estate deals going on right now? There is always opportunity for savvy real estate investors in a market that has been ‘down’ for some time, has a high percentage of vacant properties, high poverty level, and low overall home prices, and high rental rates… Could be the perfect storm for investors in this market.

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