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Foreclosures in Kemp, TX 75143

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Living in Kemp, TX

Kemp, located in Texas, is a tranquil city characterized by its friendly small-town atmosphere and access to outdoor activities. The area is perfect for families and retirees, featuring parks, local businesses, and good schools. Living here offers a balance of peaceful living and community engagement.

Current Market Conditions in Kemp, TX

The real estate market in Kemp, TX is currently experiencing steady growth, driven by the affordable housing prices compared to larger nearby cities. Investors are noticing the potential for property appreciation as the area develops and attracts new residents.

With a rising demand for housing in the region, Kemp presents an excellent opportunity for investments, particularly for single-family homes and small developments. The current housing supply is relatively low, leading to a competitive market for buyers.

Home Value Estimator For Kemp, TX

There are currently 3,262 real estate properties in Kemp, TX, with a median automated valuation model (AVM) price of $253,108.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kemp, 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 Kemp, TX, is $312,214.00, with the most expensive house in Kemp, TX, topping out at $5,147,100.00 and the cheapest home in Kemp, TX, clocking in at $15,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Kemp, TX!

Rent Prices In Kemp, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kemp, TX, is on a rollercoaster ride. The average rent price in Kemp, TX, is $1,286.00. Indeed, when looking to rent in Kemp, TX, you can expect to pay as little as $580.00 or as much as $3,600.00, with the average rent median estimated to be $1,220.00. The good news is that finding an affordable and desirable property to rent in Kemp, 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.

Kemp, TX 75143 Foreclosures


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