Rex currently has 24 single family homes for sale with an average list price of $289,887, 3 townhouses for sale with an average list price of $249,267, and 1 lot for sale with a list price of $50,000. The average annual property tax for Rex is $1,775.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Rex, i.e. what's hot and what's not. See What's Hot & What's Not in Rex
Rex home sales for the month of April stayed the same in volume when compared to last year, while the median sale price rose by 45.5% from $176,000 to $256,000. House sales rose by 33.3%, while the median sale price rose by 47.6% from $173,500 to $256,000.
125
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140
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2020 | 2021 | ||
# of sales per year |
$159,900
|
$215,000
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2020 | 2021 | ||
median sale price per year |