Buffalo Gap, TX Foreclosures
How much do homes sell for in Buffalo Gap, TX?
The average home price is currently $278,549.
In Buffalo Gap, TX, how many homes are available?
There are currently 158 active home listings available in Buffalo Gap.
What’s the average rental cost in Buffalo Gap, TX?
The average rental price in Buffalo Gap is $1,182.
What is the most expensive home in Buffalo Gap?
The most expensive home sold in Buffalo Gap had a price of $2,283,705.
What is currently the cheapest priced home in Buffalo Gap, TX?
The cheapest home for sale in Buffalo Gap is priced at $23,184.
Living in Buffalo Gap, TX
Buffalo Gap is a quaint and charming town in Texas, known for its small-town hospitality and scenic landscapes. Located just south of Abilene, it offers a peaceful rural lifestyle with access to various outdoor activities, historic sites, and community events. Residents enjoy a close-knit community with local shops and restaurants that reflect the town’s warm atmosphere.
Current Market Conditions in Buffalo Gap, TX
The real estate market in Buffalo Gap, TX, has shown steady growth over the past year, primarily driven by its appeal as a quiet, family-friendly community. The town attracts both young families and retirees looking for a peaceful lifestyle away from the fast-paced urban environment. Recent trends indicate an increase in demand for single-family homes, particularly those with more land, as buyers are drawn to the idea of rural living with space for gardens and outdoor activities.
Current market conditions indicate a competitive landscape, with homes selling quickly, often at or above list prices. The average home is selling within weeks of hitting the market, which is a shift from previous years when homes tended to linger longer. Increasing home values are encouraging more homeowners to list their properties, contributing to the growing inventory in the area.
Home Value Estimator For Buffalo Gap, TX
There are currently 751 real estate properties
in Buffalo Gap, TX,
with a median automated valuation model (AVM) price
of $197,015.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buffalo Gap, 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 Buffalo Gap, TX,
is $278,549.00, with the most expensive house
in Buffalo Gap, TX, topping out
at $2,283,705.00 and the cheapest home
in Buffalo Gap, TX,
clocking in at $23,184.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buffalo Gap, TX!
Rent Prices
In Buffalo Gap, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buffalo Gap, TX, is on
a rollercoaster ride. The
average rent price in Buffalo Gap, TX,
is $1,182.00. Indeed, when looking to rent in
Buffalo Gap, TX, you can expect to pay as little
as $520.00 or as much
as $2,470.00,
with the average rent median estimated to
be $1,150.00. The good news is that finding
an affordable and desirable property to rent in Buffalo Gap, 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.
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