Mt Vernon, TX Foreclosures
How much do homes sell for in Mt Vernon, TX?
The average home price is currently $517,356.
In Mt Vernon, TX, how many homes are available?
There are currently 2 active home listings available in Mt Vernon.
What’s the average rental cost in Mt Vernon, TX?
The average rental price in Mt Vernon is $1,518.
What is the most expensive home in Mt Vernon?
The most expensive home sold in Mt Vernon had a price of $5,228,640.
What is currently the cheapest priced home in Mt Vernon, TX?
The cheapest home for sale in Mt Vernon is priced at $33,361.
Living in Mt Vernon, TX
Mt Vernon, TX is a picturesque small town located in Northeast Texas. Known for its welcoming community and beautiful outdoor spaces, residents enjoy a slower pace of life with access to local amenities. The town is well-suited for families, with great schools and community engagement.
Current Market Conditions in Mt Vernon, TX
The real estate market in Mt Vernon has remained stable, with a modest increase in home values over the past year. The area attracts homebuyers looking for affordable options, particularly first-time buyers and retirees seeking a peaceful lifestyle. Inventory levels have been consistent, indicating a balanced market.
Low interest rates have fueled demand for homes, particularly in family-friendly neighborhoods. New developments are on the rise, and with the growing appeal of small-town living, Mt Vernon is becoming increasingly attractive for remote workers and those looking to escape the hustle of bigger cities.
Home Value Estimator For Mt Vernon, TX
There are currently 886 real estate properties
in Mt Vernon, TX,
with a median automated valuation model (AVM) price
of $273,014.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mt Vernon, 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 Mt Vernon, TX,
is $517,356.00, with the most expensive house
in Mt Vernon, TX, topping out
at $5,228,640.00 and the cheapest home
in Mt Vernon, TX,
clocking in at $33,361.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mt Vernon, TX!
Rent Prices
In Mt Vernon, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mt Vernon, TX, is on
a rollercoaster ride. The
average rent price in Mt Vernon, TX,
is $1,518.00. Indeed, when looking to rent in
Mt Vernon, TX, you can expect to pay as little
as $570.00 or as much
as $3,000.00,
with the average rent median estimated to
be $1,440.00. The good news is that finding
an affordable and desirable property to rent in Mt Vernon, 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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