Beaumont-Port Arthur, TX

The Beaumont-Port Arthur, TX metropolitan statistical area (MSA) is located in the southeastern corner of Texas. The MSA includes the following counties: Jefferson, Hardin, Orange, and Newton. The population of the MSA was estimated to be 404,869 in 2019.

The housing market in the Beaumont-Port Arthur MSA has been affected by several trends in recent years. One trend is the increasing number of people moving to the area from other parts of the country. This is due to the growing oil and gas industry in the region. Another trend is the increasing number of foreclosures and short sales. This is due to the high unemployment rate in the region and the difficulty of getting a mortgage loan.

Despite these trends, there are still many people interested in buying a home in the Beaumont-Port Arthur MSA. The median home price in the region was $144,900 in 2019, which is lower than many other parts of Texas and the United States. The low cost of living and proximity to Houston are two factors that make this region attractive to potential home buyers.