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Foreclosure Homes in Monahans, TX

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Monahans, TX Foreclosures

How much do homes sell for in Monahans, TX?
The average home price is currently $185,739.
In Monahans, TX, how many homes are available?
There are currently 8 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 $1,274,500.
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 small but thriving community with a rich heritage linked to the oil industry. Home to outdoor recreational areas and quality schools, it's an appealing location for families and real estate investments. The friendly environment and connectivity to major roadways enhance its desirability.

Current Market Conditions in Monahans, TX

The real estate market in Monahans is currently experiencing steady growth, making it a favorable environment for investors. With an increasing demand for housing driven by the local economy, property values are expected to rise over the coming years, presenting opportunities for profit through investment.

Recent trends indicate that homes in Monahans are selling quickly, often at or above the asking price, which reflects a competitive market. Investors should consider both residential and rental properties, as the area continues to attract new residents and offers a stable rental yield.

Home Value Estimator For Monahans, TX

There are currently 3,083 real estate properties in Monahans, TX, with a median automated valuation model (AVM) price of $170,767.00. 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 $185,739.00, with the most expensive house in Monahans, TX, topping out at $1,274,500.00 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


Market Trend for Monahans, TX

Total Listings Available: 8

Market Values:

Home Prices from $16,614 to $1,274,500

Average Sales Price: $185,739

Rental Values:

Rental from $570 to $1,940

Average Rent Value: $889 / month

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