driven by the large student population at Texas A&M University, as well as the growing number of young professionals and families moving to the city.
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Buying & Selling •
January 25, 2023
Market Update January 2023
by Raylene Lewis
College Station, Texas is a vibrant and growing city that is home to Texas A&M University, one of the largest and most prestigious universities in the state. The city has a diverse economy and a growing population, which has led to a strong housing market. The housing market in College Station has seen steady growth in recent years, with a strong demand for both rental and owner-occupied properties.
The median home value in College Station is currently around $328,705, which is slightly higher than the national average. This indicates a stable and growing housing market.
The rental market in College Station is also strong, with a high demand for apartments, townhomes, and single-family homes. The average rent for a one-bedroom apartment in the city is around $800 per month, while the average rent for a three-bedroom home is around $1,800 per month. We have seen a sharp increase in rent rates since this time last year showing the rental market is reflecting the increase in property taxes and rise in overall property value. The rental market in College Station is
One of the main drivers of the housing market in College Station is the strong economy of the city. Texas A&M University is one of the largest employers in the city, providing jobs for thousands of people. Additionally, the city has a diverse economy, with a growing number of high-tech and manufacturing companies. This has led to a strong demand for housing, as more people are moving to the city for job opportunities.
The housing market in College Station is also tightly linked to the city’s excellent schools, safe neighborhoods, and high quality of life. The city has a variety of parks, recreational facilities, and cultural attractions, making it a great place to live for families, students, and professionals.
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