Kaufman County is quickly becoming one of the fastest-growing counties in Texas, with a population growth rate of 3.6% in 2020, making it the eighth-fastest-growing county in the state. Kaufman County’s real estate market is also booming, with new construction and high demand for homes. But what is driving this growth, and why should homebuyers and investors take notice?
One factor contributing to Kaufman County’s growth is its location. Situated just southeast of Dallas, Kaufman County offers easy access to the city’s employment opportunities, culture, and entertainment, while still maintaining a more rural lifestyle. With its mix of small towns and rural areas, Kaufman County provides residents with a slower pace of life and a lower cost of living than big cities like Dallas.
Another factor driving Kaufman County’s growth is its affordability. The median home price in Kaufman County is $245,000, which is lower than the median home price in the Dallas-Fort Worth metro area. This makes Kaufman County an attractive option for first-time homebuyers and young families looking to settle down and invest in a home.
In addition, Kaufman County’s real estate market is experiencing a surge in new construction, with developers and homebuilders taking advantage of the demand for homes. This means that there are a variety of housing options available, from new construction to historic homes with character and charm.
Kaufman County’s growth is not just limited to its real estate market, either. The county is also seeing an increase in job opportunities and economic development. According to Kaufman County’s economic development director, the county has attracted over $1.5 billion in capital investments and created over 3,000 new jobs in the past five years. This growth in employment opportunities further adds to Kaufman County’s appeal as a place to live and invest in real estate.
As Kaufman County’s population and economy continue to grow, it is no surprise that its real estate market is booming. Homebuyers and investors looking for affordable and diverse housing options, as well as the benefits of a small town and rural lifestyle, should take a closer look at Kaufman County’s real estate market.
Sources:
- “Why Kaufman County is Booming,” D Magazine, https://www.dmagazine.com/frontburner/2021/05/why-kaufman-county-is-booming/
- “Kaufman County, TX – Economic Development,” Kaufman County Economic Development Corporation, https://www.kaufmanedc.com/economic-development/