Merkel, TX Foreclosures
How much do homes sell for in Merkel, TX?
The average home price is currently $200,969.
In Merkel, TX, how many homes are available?
There are currently 3 active home listings available in Merkel.
What’s the average rental cost in Merkel, TX?
The average rental price in Merkel is $988.
What is the most expensive home in Merkel?
The most expensive home sold in Merkel had a price of $1,960,800.
What is currently the cheapest priced home in Merkel, TX?
The cheapest home for sale in Merkel is priced at $11,325.
Living in Merkel, TX
Merkel, TX, is a quaint and friendly town that offers a relaxed lifestyle with community-focused living. It features ample outdoor activities, good schools, and nearby amenities, making it an attractive spot for families and individuals seeking a peaceful environment. The town's rich sense of community and heritage further enhances its charm.
Current Market Conditions in Merkel, TX
The real estate market in Merkel, TX, is currently experiencing steady growth, with an increasing demand for affordable housing. Investors are taking note of the area’s potential, as new developments are being planned to accommodate future residents. The average home prices remain reasonable, making it an attractive option for first-time homebuyers.
With the influx of families and retirees, the market is expected to continue to strengthen. The community's characteristics, along with its proximity to larger urban centers, contribute positively to its growth potential.
Home Value Estimator For Merkel, TX
There are currently 2,040 real estate properties
in Merkel, TX,
with a median automated valuation model (AVM) price
of $151,526.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Merkel, 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 Merkel, TX,
is $200,969.00, with the most expensive house
in Merkel, TX, topping out
at $1,960,800.00 and the cheapest home
in Merkel, TX,
clocking in at $11,325.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Merkel, TX!
Rent Prices
In Merkel, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Merkel, TX, is on
a rollercoaster ride. The
average rent price in Merkel, TX,
is $988.00. Indeed, when looking to rent in
Merkel, TX, you can expect to pay as little
as $500.00 or as much
as $2,110.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Merkel, 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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