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Cheap Homes in Chico, TX 76431

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Chico, TX Foreclosures

How much do homes sell for in Chico, TX?
The average home price is currently $357,432.
What’s the average rental cost in Chico, TX?
The average rental price in Chico is $1,192.
What is the most expensive home in Chico?
The most expensive home sold in Chico had a price of $5,882,400.
What is currently the cheapest priced home in Chico, TX?
The cheapest home for sale in Chico is priced at $25,479.

Living in Chico, TX

Chico, TX is a charming small town that embodies a close-knit community vibe. With its serene atmosphere, residents enjoy a relaxed pace of life surrounded by nature. The town's strong local culture, access to outdoor activities, and commitment to education make it an appealing option for families and individuals looking for a peaceful escape.

Current Market Conditions in Chico, TX

The real estate market in Chico, TX remains stable with slight fluctuations in prices. Demand for homes in the area has increased as more people are discovering the benefits of small-town living. Homes typically retain their value well due to the community's rural charm and amenities, attracting buyers looking for affordable options outside major urban centers.

Recently, more buyers have shown interest in rural properties, leading to a slight uptick in home prices. However, Chico still offers attractive property values compared to nearby larger towns. This trend suggests a potential growth in the market, especially as remote work becomes more prevalent.

Home Value Estimator For Chico, TX

There are currently 1,316 real estate properties in Chico, TX, with a median automated valuation model (AVM) price of $237,946.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chico, 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 Chico, TX, is $357,432.00, with the most expensive house in Chico, TX, topping out at $5,882,400.00 and the cheapest home in Chico, TX, clocking in at $25,479.00. In other words, there’s something for every potential homebuyer or savvy investor in Chico, TX!

Rent Prices In Chico, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chico, TX, is on a rollercoaster ride. The average rent price in Chico, TX, is $1,192.00. Indeed, when looking to rent in Chico, TX, you can expect to pay as little as $550.00 or as much as $3,420.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in Chico, 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 Chico, TX 76431

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