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Cheap Homes in Allen, TX 75002

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Allen, TX Foreclosures

How much do homes sell for in Allen, TX?
The average home price is currently $623,383.
What’s the average rental cost in Allen, TX?
The average rental price in Allen is $2,197.
What is the most expensive home in Allen?
The most expensive home sold in Allen had a price of $13,603,162.
What is currently the cheapest priced home in Allen, TX?
The cheapest home for sale in Allen is priced at $12,943.

Living in Allen, TX

Allen, TX is a thriving suburban community known for its family-friendly atmosphere and excellent amenities. With plenty of parks, quality schools, and shopping options, Allen offers an ideal environment for settling down. The diverse activities and strong community engagement make it a desirable location for families and professionals alike.

Current Market Conditions in Allen, TX

Allen's real estate market has seen a steady increase in home values over the past few years, fueled by its appealing suburban lifestyle and proximity to the Dallas metropolitan area. The demand for housing continues to rise, making it a competitive market for homebuyers. New developments and an influx of residents have contributed to this ongoing trend, driving prices upward and reducing inventory.

The rental market in Allen has also grown, with increasing interest from investors looking to capitalize on the city's booming economy and job opportunities. As employers continue to expand in the region, the demand for rental properties remains strong.

Home Value Estimator For Allen, TX

There are currently 35,505 real estate properties in Allen, TX, with a median automated valuation model (AVM) price of $527,348.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Allen, 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 Allen, TX, is $623,383.00, with the most expensive house in Allen, TX, topping out at $13,603,162.00 and the cheapest home in Allen, TX, clocking in at $12,943.00. In other words, there’s something for every potential homebuyer or savvy investor in Allen, TX!

Rent Prices In Allen, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Allen, TX, is on a rollercoaster ride. The average rent price in Allen, TX, is $2,197.00. Indeed, when looking to rent in Allen, TX, you can expect to pay as little as $800.00 or as much as $3,860.00, with the average rent median estimated to be $2,030.00. The good news is that finding an affordable and desirable property to rent in Allen, 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.

Cheap Homes in Allen, TX 75002

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