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Bankruptcy Homes in Gorman, TX 76454

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Gorman, TX Foreclosures

How much do homes sell for in Gorman, TX?
The average home price is currently $203,643.
In Gorman, TX, how many homes are available?
There are currently 1 active home listings available in Gorman.
What’s the average rental cost in Gorman, TX?
The average rental price in Gorman is $1,052.
What is the most expensive home in Gorman?
The most expensive home sold in Gorman had a price of $1,995,896.
What is currently the cheapest priced home in Gorman, TX?
The cheapest home for sale in Gorman is priced at $21,600.

Living in Gorman, TX

Gorman, TX is a picturesque small town known for its tight-knit community and serene lifestyle. With plenty of outdoor activities, local events, and essential amenities, it offers an ideal setting for those seeking a quieter way of life in rural Texas.

Current Market Conditions in Gorman, TX

The real estate market in Gorman is modestly growing, characterized by affordable home prices and a desirable rural lifestyle. The demand for homes in the area remains stable, primarily attracting first-time homebuyers and retirees looking to escape urban environments.

Recent trends indicate an increase in property renovations and an interest in sustainable living, with many buyers seeking vintage homes in Gorman to restore amidst the town's charm.

Home Value Estimator For Gorman, TX

There are currently 530 real estate properties in Gorman, TX, with a median automated valuation model (AVM) price of $119,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gorman, 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 Gorman, TX, is $203,643.00, with the most expensive house in Gorman, TX, topping out at $1,995,896.00 and the cheapest home in Gorman, TX, clocking in at $21,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Gorman, TX!

Rent Prices In Gorman, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gorman, TX, is on a rollercoaster ride. The average rent price in Gorman, TX, is $1,052.00. Indeed, when looking to rent in Gorman, TX, you can expect to pay as little as $570.00 or as much as $2,040.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Gorman, 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.

Gorman, TX 76454 Bankruptcy Homes

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