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Foreclosure Homes in Gorman, TX

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Gorman, TX Foreclosures

How much do homes sell for in Gorman, TX?
The average home price is currently $239,982.
In Gorman, TX, how many homes are available?
There are currently 2 active home listings available in Gorman.
What’s the average rental cost in Gorman, TX?
The average rental price in Gorman is $1,052.
What is the most expensive home in Gorman?
The most expensive home sold in Gorman had a price of $4,237,059.
What is currently the cheapest priced home in Gorman, TX?
The cheapest home for sale in Gorman is priced at $21,600.

Living in Gorman, TX

Gorman, TX, is a charming small town offering a friendly community spirit and a peaceful lifestyle. With its beautiful landscapes, rich history, and focus on education, Gorman is an excellent place for families and individuals seeking a serene living environment.

Current Market Conditions in Gorman, TX

The real estate market in Gorman is currently favorable for buyers, with a good balance of affordable homes and an increase in new listings. The average home prices have seen a slight increase over the last six months, indicating a slowly growing market, which is attractive for potential investors and buyers looking for good value.

Due to its location and small-town charm, Gorman has become more appealing to homebuyers looking for a quieter lifestyle away from larger city areas. Increased interest has led to a rise in home renovations and new construction, contributing to the overall market vibrancy.

Home Value Estimator For Gorman, TX

There are currently 652 real estate properties in Gorman, TX, with a median automated valuation model (AVM) price of $136,038.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gorman, 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 Gorman, TX, is $239,982.00, with the most expensive house in Gorman, TX, topping out at $4,237,059.00 and the cheapest home in Gorman, TX, clocking in at $21,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Gorman, TX!

Rent Prices In Gorman, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gorman, TX, is on a rollercoaster ride. The average rent price in Gorman, TX, is $1,052.00. Indeed, when looking to rent in Gorman, TX, you can expect to pay as little as $570.00 or as much as $2,040.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Gorman, 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.

Gorman, TX Foreclosures


Market Trend for Gorman, TX

Total Listings Available: 2

Market Values:

Home Prices from $21,600 to $4,237,059

Average Sales Price: $239,982

Rental Values:

Rental from $570 to $2,040

Average Rent Value: $1,052 / month

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