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Foreclosure Homes in Gilmer, TX 75645

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Gilmer, TX Foreclosures

How much do homes sell for in Gilmer, TX?
The average home price is currently $311,014.
In Gilmer, TX, how many homes are available?
There are currently 13 active home listings available in Gilmer.
What’s the average rental cost in Gilmer, TX?
The average rental price in Gilmer is $1,235.
What is the most expensive home in Gilmer?
The most expensive home sold in Gilmer had a price of $3,916,700.
What is currently the cheapest priced home in Gilmer, TX?
The cheapest home for sale in Gilmer is priced at $16,447.

Living in Gilmer, TX

Gilmer, TX, is an inviting small town with a strong sense of community and rich history. Nestled in lush landscapes, it offers diverse recreational opportunities and local amenities. With quality schools and annual events, it represents an appealing option for families and investors looking for growth potential.

Current Market Conditions in Gilmer, TX

The real estate market in Gilmer is experiencing steady growth, with an increase in demand for housing as more families and retirees are drawn to the city's charm. Home prices remain relatively affordable compared to larger urban areas, making it an optimal market for first-time homebuyers and investors alike.

Current trends indicate a shift towards modernized homes, with investors focusing on renovations to increase property values. As the community expands, the appreciation in real estate prices is expected to continue, providing good long-term returns on investment.

Home Value Estimator For Gilmer, TX

There are currently 3,820 real estate properties in Gilmer, TX, with a median automated valuation model (AVM) price of $260,263.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gilmer, 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 Gilmer, TX, is $311,014.00, with the most expensive house in Gilmer, TX, topping out at $3,916,700.00 and the cheapest home in Gilmer, TX, clocking in at $16,447.00. In other words, there’s something for every potential homebuyer or savvy investor in Gilmer, TX!

Rent Prices In Gilmer, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gilmer, TX, is on a rollercoaster ride. The average rent price in Gilmer, TX, is $1,235.00. Indeed, when looking to rent in Gilmer, TX, you can expect to pay as little as $540.00 or as much as $2,820.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Gilmer, 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.

Gilmer, TX 75645 Foreclosures


Market Trend for Gilmer, TX

Total Listings Available: 13

Market Values:

Home Prices from $16,447 to $3,916,700

Average Sales Price: $311,014

Rental Values:

Rental from $540 to $2,820

Average Rent Value: $1,235 / month

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