Hermleigh, TX Foreclosures
How much do homes sell for in Hermleigh, TX?
The average home price is currently $193,381.
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 $1,304,923.
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, TX is a peaceful rural community in Scurry County, known for its friendly atmosphere and community-oriented lifestyle. Residents enjoy a tight-knit environment with access to parks, outdoor activities, and local schools. This charming location is ideal for those seeking a quieter life with nearby conveniences.
Current Market Conditions in Hermleigh, TX
The real estate market in Hermleigh remains stable with a consistent demand for both residential and rental properties. Home prices have seen slight increases over the past year, indicating a healthy market for sellers, while buyers still have access to affordable options due to the rural nature of the area. As more people look for affordable housing outside of larger Texas cities, Hermleigh emerges as a suitable choice with its combination of low cost, good schools, and community spirit.
In recent trends, there has been a noticeable increase in interest due to the rise of remote work, allowing individuals and families to seek more spacious living environments away from urban congestion. Buyers are attracted to Hermleigh for its affordability and sense of community.
Home Value Estimator For Hermleigh, TX
There are currently 432 real estate properties
in Hermleigh, TX,
with a median automated valuation model (AVM) price
of $159,693.00. 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 $193,381.00, with the most expensive house
in Hermleigh, TX, topping out
at $1,304,923.00 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.
Learn more on Foreclosure homes
