Grand Prairie, TX Foreclosures
How much do homes sell for in Grand Prairie, TX?
The average home price is currently $326,537.
In Grand Prairie, TX, how many homes are available?
There are currently 25 active home listings available in Grand Prairie.
What’s the average rental cost in Grand Prairie, TX?
The average rental price in Grand Prairie is $1,568.
What is the most expensive home in Grand Prairie?
The most expensive home sold in Grand Prairie had a price of $7,691,219.
What is currently the cheapest priced home in Grand Prairie, TX?
The cheapest home for sale in Grand Prairie is priced at $12,408.
Living in Grand Prairie, TX
Grand Prairie, TX, is a dynamic city characterized by its family-oriented atmosphere and abundant outdoor activities. With a rich blend of cultural diversity, top-notch schools, and a wealth of parks and recreational facilities, residents enjoy a balanced lifestyle. Conveniently located in the Dallas-Fort Worth area, it offers a variety of amenities including shopping and dining options.
Current Market Conditions in Grand Prairie, TX
The Grand Prairie real estate market has shown steady growth over the past year, with an increase in home prices as demand continues to rise. Properties in the area are appealing due to their proximity to major highways, making commuting to Dallas and Fort Worth accessible. Buyers are increasingly drawn to the family-friendly nature of the community, prompting a competitive market that caters to first-time buyers and investors alike.
In recent months, listings in Grand Prairie have seen a notable uptick, reflecting a trend commonly seen in suburban areas surrounding large metropolitan cities. Homes are selling quickly, often with multiple offers, which indicates a healthy demand. However, due to the increase in new constructions, a balanced marketplace is expected to emerge, providing a range of options for prospective buyers.
Home Value Estimator For Grand Prairie, TX
There are currently 54,230 real estate properties
in Grand Prairie, TX,
with a median automated valuation model (AVM) price
of $311,424.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grand Prairie, 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 Grand Prairie, TX,
is $326,537.00, with the most expensive house
in Grand Prairie, TX, topping out
at $7,691,219.00 and the cheapest home
in Grand Prairie, TX,
clocking in at $12,408.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grand Prairie, TX!
Rent Prices
In Grand Prairie, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grand Prairie, TX, is on
a rollercoaster ride. The
average rent price in Grand Prairie, TX,
is $1,568.00. Indeed, when looking to rent in
Grand Prairie, TX, you can expect to pay as little
as $580.00 or as much
as $4,620.00,
with the average rent median estimated to
be $1,520.00. The good news is that finding
an affordable and desirable property to rent in Grand Prairie, 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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