Lufkin, TX Foreclosures
How much do homes sell for in Lufkin, TX?
The average home price is currently $202,588.
In Lufkin, TX, how many homes are available?
There are currently 11 active home listings available in Lufkin.
What’s the average rental cost in Lufkin, TX?
The average rental price in Lufkin is $1,097.
What is the most expensive home in Lufkin?
The most expensive home sold in Lufkin had a price of $4,675,500.
What is currently the cheapest priced home in Lufkin, TX?
The cheapest home for sale in Lufkin is priced at $10,509.
Living in Lufkin, TX
Lufkin, TX, is a vibrant city in East Texas, offering a perfect blend of southern charm and modern conveniences. Known for its lush pine forests and rich cultural heritage, it provides a family-friendly atmosphere with plenty of recreational activities. Lufkin's affordable living, excellent schools, and a strong sense of community make it an attractive destination for families and individuals alike.
Current Market Conditions in Lufkin, TX
Lufkin's real estate market has been experiencing steady growth, with an increase in demand for both single-family homes and rental properties. The average home prices have seen a gradual rise, reflecting the city's appeal to new residents. Current market trends indicate that homes are selling faster due to a combination of low inventory and increased buyer interest, especially among families relocating to the area for job opportunities in the timber and oil sectors.
The rental market is also robust, with a variety of options available for those looking to lease, attracting young professionals and families. The city's affordable housing options, compared to larger urban areas, are drawing more interest, making Lufkin an attractive option for diverse demographics.
Home Value Estimator For Lufkin, TX
There are currently 19,848 real estate properties
in Lufkin, TX,
with a median automated valuation model (AVM) price
of $168,953.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lufkin, 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 Lufkin, TX,
is $202,588.00, with the most expensive house
in Lufkin, TX, topping out
at $4,675,500.00 and the cheapest home
in Lufkin, TX,
clocking in at $10,509.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lufkin, TX!
Rent Prices
In Lufkin, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lufkin, TX, is on
a rollercoaster ride. The
average rent price in Lufkin, TX,
is $1,097.00. Indeed, when looking to rent in
Lufkin, TX, you can expect to pay as little
as $560.00 or as much
as $2,920.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Lufkin, 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
