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Foreclosure Homes in Hermleigh, TX 79526

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Hermleigh, TX Foreclosures

How much do homes sell for in Hermleigh, TX?
The average home price is currently $181,970.
What’s the average rental cost in Hermleigh, TX?
The average rental price in Hermleigh is $952.
What is the most expensive home in Hermleigh?
The most expensive home sold in Hermleigh had a price of $1,352,153.
What is currently the cheapest priced home in Hermleigh, TX?
The cheapest home for sale in Hermleigh is priced at $13,760.

Living in Hermleigh, TX

Hermleigh, Texas, is a quaint rural town known for its tight-knit community and peaceful living. Residents enjoy various outdoor activities and events that foster local camaraderie. With excellent educational facilities and local amenities, it’s a perfect place for families or those seeking tranquility.

Current Market Conditions in Hermleigh, TX

Hermleigh's real estate market remains stable, with a mix of affordable homes and larger properties appealing to those seeking a rural lifestyle. Due to the smaller population, inventory levels are generally more stable compared to larger cities. Potential buyers can find properties at reasonable prices, making Hermleigh an attractive market for first-time homeowners and investors alike.

Over the past year, Hermleigh has seen a slight increase in home values, attributed to the growing interest in rural properties as people seek refuge from urban environments. This trend is expected to continue as more individuals recognize the benefits of small-town living.

Home Value Estimator For Hermleigh, TX

There are currently 394 real estate properties in Hermleigh, TX, with a median automated valuation model (AVM) price of $150,820.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermleigh, 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 Hermleigh, TX, is $181,970.00, with the most expensive house in Hermleigh, TX, topping out at $1,352,153.00 and the cheapest home in Hermleigh, TX, clocking in at $13,760.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermleigh, TX!

Rent Prices In Hermleigh, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermleigh, TX, is on a rollercoaster ride. The average rent price in Hermleigh, TX, is $952.00. Indeed, when looking to rent in Hermleigh, TX, you can expect to pay as little as $530.00 or as much as $1,920.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Hermleigh, 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.

Hermleigh, TX 79526 Foreclosures


Market Trend for Hermleigh, TX

Total Listings Available: 0

Market Values:

Home Prices from $13,760 to $1,352,153

Average Sales Price: $181,970

Rental Values:

Rental from $530 to $1,920

Average Rent Value: $952 / month

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