Foreclosures in Monahans, TX 79756

Current Market Conditions in Monahans, TX

Monahans has a stable real estate market, with modest growth observed in recent years. The affordable housing options have attracted buyers, leading to a balanced supply and demand. The market remains competitive, particularly for family homes and modest single-family dwellings.

Investors are showing interest in Monahans due to the local economy's potential growth. New developments and businesses are beginning to emerge, further solidifying the town's reputation as a good place for investment opportunities.

Rent Prices In Monahans, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monahans, TX, is on a rollercoaster ride. The average rent price in Monahans, TX, is $888.00. Indeed, when looking to rent in Monahans, TX, you can expect to pay as little as $570.00 or as much as $1,940.00, with the average rent median estimated to be $860.00. The good news is that finding an affordable and desirable property to rent in Monahans, 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.