Garwood, TX Foreclosures
How much do homes sell for in Garwood, TX?
The average home price is currently $252,797.
What’s the average rental cost in Garwood, TX?
The average rental price in Garwood is $1,158.
What is the most expensive home in Garwood?
The most expensive home sold in Garwood had a price of $1,631,103.
What is currently the cheapest priced home in Garwood, TX?
The cheapest home for sale in Garwood is priced at $23,424.
Living in Garwood, TX
Garwood, Texas is a tranquil small town embedded in rural charm, offering a laid-back lifestyle with a close-knit community. It is ideal for families and individuals wanting to experience small-town living, complete with scenic landscapes and access to outdoor recreational activities. The cost of living is relatively affordable, making Garwood a great option for those seeking peace and quiet.
Current Market Conditions in Garwood, TX
The real estate market in Garwood, TX is relatively stable, with an emphasis on single-family homes and agricultural properties. Due to the rural nature of the area, homes tend to be more affordable compared to urban settings, attracting buyers looking for tranquility and space. During the past months, there has been a consistent demand for properties, although the market remains selective based on the unique needs of buyers seeking rural living.
Overall, Garwood's real estate market has been resilient, with prices experiencing slow but steady appreciation. Given the area's limited inventory and its appeal to those searching for a peaceful lifestyle, homes in Garwood are anticipated to maintain value while offering opportunities for investment.
Home Value Estimator For Garwood, TX
There are currently 424 real estate properties
in Garwood, TX,
with a median automated valuation model (AVM) price
of $199,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Garwood, 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 Garwood, TX,
is $252,797.00, with the most expensive house
in Garwood, TX, topping out
at $1,631,103.00 and the cheapest home
in Garwood, TX,
clocking in at $23,424.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Garwood, TX!
Rent Prices
In Garwood, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Garwood, TX, is on
a rollercoaster ride. The
average rent price in Garwood, TX,
is $1,158.00. Indeed, when looking to rent in
Garwood, TX, you can expect to pay as little
as $700.00 or as much
as $2,360.00,
with the average rent median estimated to
be $1,110.00. The good news is that finding
an affordable and desirable property to rent in Garwood, 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
