There are currently 738 real estate properties in Tiki Island, TX, with a median automated valuation model (AVM) price of $700,032.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Tiki Island, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Tiki Island, TX, is $787,212.00, with the most expensive house in Tiki Island, TX, topping out at $3,150,000.00 and the cheapest home in Tiki Island, TX, clocking in at $21,171.00. In other words, there’s something for every potential homebuyer or savvy investor in Tiki Island, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Tiki Island, TX, is on a rollercoaster ride. The average rent price in Tiki Island, TX, is $2,586.00. Indeed, when looking to rent in Tiki Island, TX, you can expect to pay as little as $930.00 or as much as $4,480.00, with the average rent median estimated to be $2,610.00. The good news is that finding an affordable and desirable property to rent in Tiki Island, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Tiki Island is located in Galveston, Texas, with an estimated municipal population of 1,065 residents. All of the best foreclosed homes for sale in Tiki Island are located in the following zip code areas on Foreclosure.com: 77554. The estimated population per square kilometer (.62 miles) in Tiki Island is 855.
So, about how much do homes cost in Tiki Island? The most recent median value of resident-owned homes in Tiki Island is 482,630. An estimated 88.3 percent of households in Tiki Island own their homes, with an average family size of 2.32. The median household income in Tiki Island is 129,583, with58.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Tiki Island, the median commute time of resident workers (in minutes) is 41.5. And last, but certainly not least, are you looking for homes to rent in Tiki Island? If so, the average rent price paid by renters in Tiki Island is 1,444, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Tiki Island, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Tiki Island is 59.2, split between 57.4 percent male versus 42.6 female. The percentage of residents who report being married in Tiki Island is 71.4, with an average family size of 2.32.
The percentage of residents who report their race in Tiki Island is as follows:
White | 98.2% |
Black / African American | 0.7% |
Asian | 0% |
American Indian / Alaskan Native | 0.9% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 0% |
Other | 0.3% |
Looking for family-friendly neighborhoods in and/or near Tiki Island? Or maybe you are searching for 55+ active adult communities in and/or near Tiki Island?
The percentage of residents who report their age in Tiki Island is as follows:
Under 10 | 0.5% |
Aged 10-19 | 6.4% |
20s | 3.8% |
30s | 2.2% |
40s | 11.9% |
50s | 27.1% |
60s | 27.6% |
70s | 15.1% |
80+ | 5.4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Tiki Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Tiki Island.
How do you know that living in -- or moving to -- Tiki Island is right where you need to be? Perhaps you grew up in Tiki Island or already live nearby; therefore, the decision to buy a home in Tiki Island is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Tiki Island for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Tiki Island:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Tiki Island.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Tiki Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Tiki Island, meanwhile, can field multiple offers from more qualified buyers.
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