Lorenzo, TX Foreclosures
Current Market Conditions in in Lorenzo, TX As of January 2026?
In the past month, Lorenzo has experienced a slight uptick in home sales, with several homes moving quickly thanks to competitive prices and the area's charm. Interest rates remain favorable, prompting buyers to act sooner rather than later. The level of inventory has remained steady, indicating a balanced market where buyers and sellers can find opportunities without significant pressure. Overall, the activity suggests confidence in the local market as residents seek the benefits of small-town living.
How much do homes sell for in Lorenzo, TX?
The average home price is currently $130,458.
In Lorenzo, TX, how many homes are available?
There are currently 1 active home listings available in Lorenzo.
What’s the average rental cost in Lorenzo, TX?
The average rental price in Lorenzo is $898.
What is the most expensive home in Lorenzo?
The most expensive home sold in Lorenzo had a price of $1,080,000.
What is currently the cheapest priced home in Lorenzo, TX?
The cheapest home for sale in Lorenzo is priced at $15,602.
Living in Lorenzo, TX
Lorenzo is a charming small town in West Texas, known for its friendly community and strong agricultural roots. With a close-knit population, this town offers a peaceful atmosphere with a slower pace of life. Outdoor enthusiasts can enjoy activities such as hiking and fishing in the surrounding areas, while local dining and shopping provide a taste of Texas culture.
Buyer vs Seller Market in Lorenzo, TX
The real estate market in Lorenzo is stable, benefiting from a combination of affordable housing and its attractiveness for families looking to settle in a less urban environment. Properties often appreciate steadily, thanks to ongoing community development and a demand for rural living options.
Current trends show a growing interest in small-town living, particularly among buyers relocating from urban areas. This shift is contributing to more listings in Lorenzo, while prices remain reasonable compared to larger metropolitan regions.
Investors are finding value in Lorenzo as the area becomes increasingly appealing due to its community spirit, involvement in local agriculture, and recent developments that promote a vibrant lifestyle.
Home Value Estimator For Lorenzo, TX
There are currently 486 real estate properties
in Lorenzo, TX,
with a median automated valuation model (AVM) price
of $91,790.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lorenzo, 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 Lorenzo, TX,
is $130,458.00, with the most expensive house
in Lorenzo, TX, topping out
at $1,080,000.00 and the cheapest home
in Lorenzo, TX,
clocking in at $15,602.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lorenzo, TX!
Rent Prices
In Lorenzo, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lorenzo, TX, is on
a rollercoaster ride. The
average rent price in Lorenzo, TX,
is $898.00. Indeed, when looking to rent in
Lorenzo, TX, you can expect to pay as little
as $580.00 or as much
as $2,040.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Lorenzo, 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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