Ben Franklin, TX Foreclosures
How much do homes sell for in Ben Franklin, TX?
The average home price is currently $299,541.
What’s the average rental cost in Ben Franklin, TX?
The average rental price in Ben Franklin is $1,346.
What is the most expensive home in Ben Franklin?
The most expensive home sold in Ben Franklin had a price of $1,328,844.
What is currently the cheapest priced home in Ben Franklin, TX?
The cheapest home for sale in Ben Franklin is priced at $31,218.
Living in Ben Franklin, TX
Ben Franklin is a charming and small town located in the northeastern part of Texas, mainly known for its tight-knit community and agricultural background. Its serene environment allows residents to experience a tranquil lifestyle surrounded by natural beauty and lush farmland. This quaint town offers a blend of rural charm and close-knit community vibes, making it an appealing place for families and retirees alike.
Current Market Conditions in Ben Franklin, TX
Currently, Ben Franklin's real estate market is moderately competitive. The town shows a balanced mix of buyers and sellers, with properties typically spending a reasonable time on the market. With an increasing interest in rural living, coupled with affordability in comparison to larger cities, many families and retirees are considering moving to this area. Currently, homes with land are particularly sought after since many prospective buyers are looking for space and a connection to nature.
Home prices in Ben Franklin remain accessible, making it an attractive option for first-time homebuyers and those looking to invest in rural properties. Recent trends indicate a steady appreciation in property values as the demand for rural living rises, especially following the pandemic. In the coming year, a slight uptick in housing inventory is anticipated, providing more opportunities for buyers.
Home Value Estimator For Ben Franklin, TX
There are currently 51 real estate properties
in Ben Franklin, TX,
with a median automated valuation model (AVM) price
of $230,971.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ben Franklin, 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 Ben Franklin, TX,
is $299,541.00, with the most expensive house
in Ben Franklin, TX, topping out
at $1,328,844.00 and the cheapest home
in Ben Franklin, TX,
clocking in at $31,218.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ben Franklin, TX!
Rent Prices
In Ben Franklin, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ben Franklin, TX, is on
a rollercoaster ride. The
average rent price in Ben Franklin, TX,
is $1,346.00. Indeed, when looking to rent in
Ben Franklin, TX, you can expect to pay as little
as $720.00 or as much
as $2,480.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Ben Franklin, 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.
Learn more on Foreclosure homes
