There are currently 5,998 real estate properties in Balch Springs, TX, with a median automated valuation model (AVM) price of $209,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Balch Springs, 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 Balch Springs, TX, is $221,059.00, with the most expensive house in Balch Springs, TX, topping out at $1,362,900.00 and the cheapest home in Balch Springs, TX, clocking in at $59,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Balch Springs, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Balch Springs, TX, is on a rollercoaster ride. The average rent price in Balch Springs, TX, is $1,236.00. Indeed, when looking to rent in Balch Springs, TX, you can expect to pay as little as $800.00 or as much as $2,100.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Balch Springs, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Balch Springs, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Balch Springs, TX and much more. Save thousands at closing with home foreclosure listings in Balch Springs, TX — up to 75% off market value!
Balch Springs is located in Dallas, Texas, with an estimated municipal population of 25,007 residents. All of the best foreclosed homes for sale in Balch Springs are located in the following zip code areas on Foreclosure.com: 75180 75181. The estimated population per square kilometer (.62 miles) in Balch Springs is 1,069.
So, about how much do homes cost in Balch Springs? The most recent median value of resident-owned homes in Balch Springs is 104,084. An estimated 61.2 percent of households in Balch Springs own their homes, with an average family size of 4.22. The median household income in Balch Springs is 51,446, with14.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Balch Springs, the median commute time of resident workers (in minutes) is 35.5. And last, but certainly not least, are you looking for homes to rent in Balch Springs? If so, the average rent price paid by renters in Balch Springs is 1,059, 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 Balch Springs, 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 Balch Springs is 28.3, split between 51.2 percent male versus 48.8 female. The percentage of residents who report being married in Balch Springs is 44.7, with an average family size of 4.22.
The percentage of residents who report their race in Balch Springs is as follows:
|Black / African American||23.2%|
|American Indian / Alaskan Native||0.1%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Balch Springs? Or maybe you are searching for 55+ active adult communities in and/or near Balch Springs?
The percentage of residents who report their age in Balch Springs is as follows:
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 Balch Springs with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Balch Springs.
How do you know that living in -- or moving to -- Balch Springs is right where you need to be? Perhaps you grew up in Balch Springs or already live nearby; therefore, the decision to buy a home in Balch Springs is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Balch Springs 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 Balch Springs:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Balch Springs.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Balch Springs can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Balch Springs, meanwhile, can field multiple offers from more qualified buyers.