Gatesville, TX Foreclosures
How much do homes sell for in Gatesville, TX?
The average home price is currently $280,305.
What’s the average rental cost in Gatesville, TX?
The average rental price in Gatesville is $1,022.
What is the most expensive home in Gatesville?
The most expensive home sold in Gatesville had a price of $6,992,679.
What is currently the cheapest priced home in Gatesville, TX?
The cheapest home for sale in Gatesville is priced at $10,512.
Living in Gatesville, TX
Gatesville, TX is a charming small town known for its warm community spirit and rich history. With a variety of local amenities, parks, and engaging community events, Gatesville provides a family-friendly environment perfect for both relaxing and outdoor lifestyles. Its strategic location makes commuting to larger cities simple, ensuring residents have the best of both worlds.
Current Market Conditions in Gatesville, TX
The real estate market in Gatesville has been showing a moderate increase in home values over the past year, with demand for housing steadily rising. Buyers are drawn to the town's affordability and the quality of life it offers, which has resulted in a more competitive market. Despite the price increase, homes in Gatesville remain relatively affordable compared to neighboring markets, making it an attractive option for first-time homebuyers and families.
As of late 2023, the market has seen a slight increase in inventory, giving buyers more options to choose from. The average days on the market has decreased, indicating a quicker turnaround for listings. Developers are also showing interest in the area, with some new construction homes beginning to emerge, suggesting a positive trend for future growth.
Home Value Estimator For Gatesville, TX
There are currently 6,418 real estate properties
in Gatesville, TX,
with a median automated valuation model (AVM) price
of $203,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gatesville, 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 Gatesville, TX,
is $280,305.00, with the most expensive house
in Gatesville, TX, topping out
at $6,992,679.00 and the cheapest home
in Gatesville, TX,
clocking in at $10,512.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gatesville, TX!
Rent Prices
In Gatesville, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gatesville, TX, is on
a rollercoaster ride. The
average rent price in Gatesville, TX,
is $1,022.00. Indeed, when looking to rent in
Gatesville, TX, you can expect to pay as little
as $420.00 or as much
as $2,600.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Gatesville, 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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