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Bankruptcy 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 $313,619.
In Gilmer, TX, how many homes are available?
There are currently 6 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 $16,125.

Living in Gilmer, TX

Gilmer, Texas, is a welcoming small town with a friendly atmosphere. It is known for its rich history, community events, and a scenic natural setting. With a range of amenities and proximity to larger urban areas, Gilmer offers a delightful place to live for anyone looking for a peaceful lifestyle.

Current Market Conditions in Gilmer, TX

The real estate market in Gilmer, TX, has remained stable over the past year, with a slight increase in home values due to rising demand. Homebuyers are attracted to the area's affordability and community feel, which has led to more competition among buyers. This stability points towards a healthy and balanced market that still offers opportunities for both buyers and sellers.

There has been an uptick in new construction as developers continue to recognize the potential in Gilmer. As more people look to move to suburban areas post-pandemic, Gilmer's appeal in East Texas is enhancing its market performance.

Home Value Estimator For Gilmer, TX

There are currently 3,823 real estate properties in Gilmer, TX, with a median automated valuation model (AVM) price of $260,992.00. 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 $313,619.00, 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 $16,125.00. 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 Bankruptcy Homes

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