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Single-family Foreclosures in Gilmer, TX 75755

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Gilmer, TX Foreclosures

How much do homes sell for in Gilmer, TX?
The average home price is currently $311,324.
In Gilmer, TX, how many homes are available?
There are currently 3 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 $16,313.

Living in Gilmer, TX

Gilmer, Texas, is a quaint town known for its vibrant community and rich history. The town offers a blend of relaxed rural living with the amenities of suburban life. Outdoor enthusiasts appreciate the nearby lakes and parks, while local restaurants and shops enrich the town's cultural scene.

Current Market Conditions in Gilmer, TX

Gilmer's real estate market has shown steady growth, driven by an influx of residents drawn to the town's affordable housing and family-friendly environment. Recently, the area has seen an increase in new developments and renovations of older homes, contributing to the overall property values.

In addition, the demand for homes in Gilmer has remained strong due to its appeal as a commuter town for those working in nearby cities. With a stable local economy and ongoing developments, the market is favorable for both buyers and sellers.

Home Value Estimator For Gilmer, TX

There are currently 3,822 real estate properties in Gilmer, TX, with a median automated valuation model (AVM) price of $259,710.00. 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 $311,324.00, 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 $16,313.00. 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 75755 Single-family Homes


Market Trend for Gilmer, TX

Total Listings Available: 3

Market Values:

Home Prices from $16,313 to $3,916,700

Average Sales Price: $311,324

Rental Values:

Rental from $540 to $2,820

Average Rent Value: $1,235 / month

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