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Foreclosures in Mansfield, TX 76063

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Living in Mansfield, TX

Mansfield, TX is a growing suburban city located between the Dallas and Fort Worth areas. Known for its strong community spirit, family-friendly amenities, and excellent schools, Mansfield offers a wonderful quality of life. Its strategic location allows for easy access to urban attractions and essential services.

Current Market Conditions in Mansfield, TX

The real estate market in Mansfield has shown steady growth with increasing demand for housing, which has resulted in rising home prices. Inventory remains a challenge as more people are drawn to the area due to its quality of life and convenience to major employment centers. As a result, homes are selling quickly, and competitive bidding situations are becoming common.

Mansfield's market has been bolstered by a combination of factors, including an increase in population and the development of new neighborhoods tailored for families and professionals alike. The city’s commitment to infrastructure improvement and community services continues to attract new residents, further stimulating the housing market.

Home Value Estimator For Mansfield, TX

There are currently 27,851 real estate properties in Mansfield, TX, with a median automated valuation model (AVM) price of $400,131.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mansfield, 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 Mansfield, TX, is $426,845.00, with the most expensive house in Mansfield, TX, topping out at $6,166,922.00 and the cheapest home in Mansfield, TX, clocking in at $13,690.00. In other words, there’s something for every potential homebuyer or savvy investor in Mansfield, TX!

Rent Prices In Mansfield, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mansfield, TX, is on a rollercoaster ride. The average rent price in Mansfield, TX, is $1,931.00. Indeed, when looking to rent in Mansfield, TX, you can expect to pay as little as $590.00 or as much as $5,060.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Mansfield, 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.

Mansfield, TX 76063 Foreclosures


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