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Foreclosure Homes in Medina, TX 78055

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Medina, TX Foreclosures

How much do homes sell for in Medina, TX?
The average home price is currently $304,260.
In Medina, TX, how many homes are available?
There are currently 3 active home listings available in Medina.
What’s the average rental cost in Medina, TX?
The average rental price in Medina is $1,022.
What is the most expensive home in Medina?
The most expensive home sold in Medina had a price of $5,720,600.
What is currently the cheapest priced home in Medina, TX?
The cheapest home for sale in Medina is priced at $29,900.

Living in Medina, TX

Medina is a charming small town located in Bandera County, Texas, known for its picturesque scenery and vibrant community. Offering a serene rural lifestyle, it features stunning views of the Texas Hill Country and tranquil outdoor spaces. Residents enjoy a slower pace of life with access to various recreational activities, including hiking, fishing, and local festivals throughout the year.

Current Market Conditions in Medina, TX

The real estate market in Medina has been seeing a steady increase in home values as more people discover the charm and beauty of this small town. The area's appeal as a retreat for those looking to escape the hustle and bustle of city life has led to an uptick in demand for properties. Homes near the river and with scenic views tend to command higher prices, while those further from the main attractions remain more affordable. Inventory levels are moderately low, which has contributed to a competitive market, particularly for quality listings.

Investors are showing heightened interest in Medina's real estate, particularly as local businesses thrive and tourism activities increase thanks to outdoor attractions. With new home developments appearing, the market is expected to remain strong in the upcoming months.

Home Value Estimator For Medina, TX

There are currently 661 real estate properties in Medina, TX, with a median automated valuation model (AVM) price of $175,699.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Medina, 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 Medina, TX, is $304,260.00, with the most expensive house in Medina, TX, topping out at $5,720,600.00 and the cheapest home in Medina, TX, clocking in at $29,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Medina, TX!

Rent Prices In Medina, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Medina, TX, is on a rollercoaster ride. The average rent price in Medina, TX, is $1,022.00. Indeed, when looking to rent in Medina, TX, you can expect to pay as little as $570.00 or as much as $2,470.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Medina, 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.

Medina, TX 78055 Foreclosures


Market Trend for Medina, TX

Total Listings Available: 3

Market Values:

Home Prices from $29,900 to $5,720,600

Average Sales Price: $304,260

Rental Values:

Rental from $570 to $2,470

Average Rent Value: $1,022 / month

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