Detroit, TX Foreclosures
How much do homes sell for in Detroit, TX?
The average home price is currently $245,780.
In Detroit, TX, how many homes are available?
There are currently 2 active home listings available in Detroit.
What’s the average rental cost in Detroit, TX?
The average rental price in Detroit is $974.
What is the most expensive home in Detroit?
The most expensive home sold in Detroit had a price of $6,876,000.
What is currently the cheapest priced home in Detroit, TX?
The cheapest home for sale in Detroit is priced at $12,837.
Living in Detroit, TX
Detroit, Texas is a small and welcoming community located in the northeastern part of the state. Known for its charming small-town atmosphere, residents enjoy a close-knit community feel with access to local amenities and outdoor activities. The area has a rich history and a variety of recreational options, making it a great place for families and individuals alike.
Current Market Conditions in Detroit, TX
The current real estate market in Detroit, TX, showcases a steady demand for homes, with buyers attracted to the affordability and charm of the area. As more individuals seek out rural living options, properties here are becoming increasingly desirable.
Over recent months, home prices have shown stability, with moderate increases in property values as interest in the region grows. Local real estate agents report an influx of inquiries from families and retirees looking for a quiet life with convenient amenities.
Home Value Estimator For Detroit, TX
There are currently 517 real estate properties
in Detroit, TX,
with a median automated valuation model (AVM) price
of $174,511.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Detroit, 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 Detroit, TX,
is $245,780.00, with the most expensive house
in Detroit, TX, topping out
at $6,876,000.00 and the cheapest home
in Detroit, TX,
clocking in at $12,837.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Detroit, TX!
Rent Prices
In Detroit, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Detroit, TX, is on
a rollercoaster ride. The
average rent price in Detroit, TX,
is $974.00. Indeed, when looking to rent in
Detroit, TX, you can expect to pay as little
as $570.00 or as much
as $2,420.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Detroit, 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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