Housing Report for Midland County, Texas
The residential real estate values in Midland County, Texas have moderate increases since the Census values accounted for in the year 2000. The values have increased by $11,800, or 16.1 percent, from when in 2000 they were valued at $73,400.
In the State of Texas, Midland County stands 129 of 254 in terms of growth of new housing structures between 2001 and 2005. The county stands 2,140 of 3,141, in terms of residential real estate percentage change change in the United States.
In Midland County, the census reported 49,247 housing structures in 2005. The area has seen growth in housing units, adding a total of 843 residential units since 2001, or 1.7 percent.
Midland County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 1.2 percent of the houses are valued over a half a million dollars.
According to the data, there is a large amount of real estate that is affordable in Midland County, Texas. In 2005, 70.1 percent of residential real estate was valued under $125,000.
Midland County recorded a median home value in 2005 of $85,200, published by the American Community Survey. This is less than the Texas 2005 median home value of $106,000 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.
Data Source: U.S. Census Bureau
In the State of Texas, Midland County stands 129 of 254 in terms of growth of new housing structures between 2001 and 2005. The county stands 2,140 of 3,141, in terms of residential real estate percentage change change in the United States.
In Midland County, the census reported 49,247 housing structures in 2005. The area has seen growth in housing units, adding a total of 843 residential units since 2001, or 1.7 percent.
Midland County can be understood as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey counted that 1.2 percent of the houses are valued over a half a million dollars.
According to the data, there is a large amount of real estate that is affordable in Midland County, Texas. In 2005, 70.1 percent of residential real estate was valued under $125,000.
Midland County recorded a median home value in 2005 of $85,200, published by the American Community Survey. This is less than the Texas 2005 median home value of $106,000 and less than median owner-occupied dwelling value of $167,500 across the United States during the same year.
Data Source: U.S. Census Bureau
