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Foreclosure Homes in Ferris, TX

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Ferris, TX Foreclosures

How much do homes sell for in Ferris, TX?
The average home price is currently $270,432.
In Ferris, TX, how many homes are available?
There are currently 19 active home listings available in Ferris.
What’s the average rental cost in Ferris, TX?
The average rental price in Ferris is $1,252.
What is the most expensive home in Ferris?
The most expensive home sold in Ferris had a price of $8,466,173.
What is currently the cheapest priced home in Ferris, TX?
The cheapest home for sale in Ferris is priced at $14,254.

Living in Ferris, TX

Ferris, Texas, is a charming small town located just south of Dallas. Known for its friendly community and family-oriented atmosphere, the town offers a mixture of rural and suburban lifestyles. With easy access to major highways, residents enjoy both the tranquility of small-town living and the conveniences of nearby urban amenities.

Current Market Conditions in Ferris, TX

The real estate market in Ferris is experiencing a steady growth trend, with increasing interest from families and young professionals moving from the nearby Dallas area. This has resulted in an uptick in home prices, yet the town remains affordable compared to larger metropolitan housing markets.

Investors are slowly recognizing Ferris as a prime location for rental properties due to its growing population and the appealing suburban lifestyle it offers. The market is currently favoring sellers, leading to quicker sales and competitive bidding in desirable neighborhoods.

Home Value Estimator For Ferris, TX

There are currently 3,439 real estate properties in Ferris, TX, with a median automated valuation model (AVM) price of $233,900.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ferris, 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 Ferris, TX, is $270,432.00, with the most expensive house in Ferris, TX, topping out at $8,466,173.00 and the cheapest home in Ferris, TX, clocking in at $14,254.00. In other words, there’s something for every potential homebuyer or savvy investor in Ferris, TX!

Rent Prices In Ferris, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ferris, TX, is on a rollercoaster ride. The average rent price in Ferris, TX, is $1,252.00. Indeed, when looking to rent in Ferris, TX, you can expect to pay as little as $630.00 or as much as $3,290.00, with the average rent median estimated to be $1,250.00. The good news is that finding an affordable and desirable property to rent in Ferris, 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.

Ferris, TX Foreclosures

Market Trend for Ferris, TX

Total Listings Available: 19

Market Values:

Home Prices from $14,254 to $8,466,173

Average Sales Price: $270,432

Rental Values:

Rental from $630 to $3,290

Average Rent Value: $1,252 / month

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