Mountain City's October First-Time Homebuyer Report

Mountain City is a small city in Texas with a median income of $86,412 per household. Besides being very affluent, its population is much younger than others with a median age of 45 years. The Mountain City market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. Topping the list of best schools in the city is Elm Grove Elementary School.

Price Range

Mountain City has some of the more expensive homes in the state with a median home value of $222,300 and a current average list price of $364,020.

Curious as to which homes have been getting the most attention in Mountain City? These listings have stirred up interest and produced the most views:

$350K  

Typical Dwelling

The typical dwelling in Mountain City is a four-bedroom detached home worth about $363,750. To purchase a similar home, a buyer with good credit and a $72,750 cash down payment could obtain a mortgage with a 3.95% interest rate and a $288 monthly payment. The property tax rate is $17.02 per $1,000 of taxable assessed value.

Get started right now by checking out Mountain City homes for sale or reviewing Mountain City real estate trends.


Data reported through 10/13/2016

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