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Cheap Homes in Mt Vernon, TX 75457

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Mt Vernon, TX Foreclosures

How much do homes sell for in Mt Vernon, TX?
The average home price is currently $515,929.
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 $5,554,616.
What is currently the cheapest priced home in Mt Vernon, TX?
The cheapest home for sale in Mt Vernon is priced at $33,301.

Living in Mt Vernon, TX

Mount Vernon, TX is a quaint town that combines rustic charm with a warm community vibe. Known for its beautiful landscapes and local amenities, it's a great place to raise a family or retire. Enjoy outdoor activities at nearby Lake Cypress Springs and take advantage of the friendly local atmosphere.

Current Market Conditions in Mt Vernon, TX

The real estate market in Mount Vernon is currently experiencing steady growth, with an increasing number of homes being sold over the past few months. The demand for housing has been driven by families seeking a more affordable lifestyle outside major urban centers, contributing to a competitive market environment.

Property values have been gradually appreciating, indicating a positive trend for homeowners and investors. The market remains attractive for first-time buyers, and there is a diverse inventory of homes available, ranging from quaint cottages to larger family homes.

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 $272,919.00. 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 $515,929.00, with the most expensive house in Mt Vernon, TX, topping out at $5,554,616.00 and the cheapest home in Mt Vernon, TX, clocking in at $33,301.00. 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.

Cheap Homes in Mt Vernon, TX 75457


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