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Foreclosures in Monahans, TX

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Monahans, TX Foreclosures

Current Market Conditions in in Monahans, TX As of April 2026?
Over the past month, there has been a slight uptick in home sales within Monahans, indicating a healthy interest from prospective buyers. While the inventory remained relatively stable, the competitive nature of the market has led to an increase in median prices for both new constructions and existing homes. Potential homeowners are encouraged to act quickly as homes are selling faster than they have in the previous months, reflecting a robust demand for real estate in the area.
How much do homes sell for in Monahans, TX?
The average home price is currently $191,150.
In Monahans, TX, how many homes are available?
There are currently 4 active home listings available in Monahans.
What’s the average rental cost in Monahans, TX?
The average rental price in Monahans is $889.
What is the most expensive home in Monahans?
The most expensive home sold in Monahans had a price of $1,292,963.
What is currently the cheapest priced home in Monahans, TX?
The cheapest home for sale in Monahans is priced at $16,614.

Living in Monahans, TX

Monahans, TX, is a charming small town that combines western culture with modern amenities. The town is known for its friendly community and outdoor recreational opportunities, particularly at Monahans Sandhills State Park. With a variety of local shops, restaurants, and schools, Monahans is an attractive location for families and those looking to enjoy a slower pace of life.

Buyer vs Seller Market in Monahans, TX

The real estate market in Monahans remains stable with gradual growth as more families and professionals move into the area. The demand for housing has been moderately high, driven by the town’s economic potential and accessibility. However, the market is not overly saturated, allowing buyers to find properties of varying price ranges and styles.

Investors are noting Monahans as an emerging market, particularly due to the local economy's ties to the oil and gas industry, which continues to show signs of strength despite fluctuating energy prices. There has been a noticeable increase in new developments aimed at enhancing the residential landscape as well.

Home Value Estimator For Monahans, TX

There are currently 3,169 real estate properties in Monahans, TX, with a median automated valuation model (AVM) price of $170,365.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monahans, 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 Monahans, TX, is $191,150.00, with the most expensive house in Monahans, TX, topping out at $1,292,963.00 and the cheapest home in Monahans, TX, clocking in at $16,614.00. In other words, there’s something for every potential homebuyer or savvy investor in Monahans, TX!

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 $889.00. 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.

Monahans, TX Foreclosures


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