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Foreclosure Homes in Murchison, TX

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Murchison, TX Foreclosures

How much do homes sell for in Murchison, TX?
The average home price is currently $247,436.
In Murchison, TX, how many homes are available?
There are currently 3 active home listings available in Murchison.
What’s the average rental cost in Murchison, TX?
The average rental price in Murchison is $1,089.
What is the most expensive home in Murchison?
The most expensive home sold in Murchison had a price of $3,365,150.
What is currently the cheapest priced home in Murchison, TX?
The cheapest home for sale in Murchison is priced at $15,067.

Living in Murchison, TX

Murchison, TX, is a quaint small town that embodies the charm of East Texas living. With its close-knit community, natural beauty, and access to outdoor activities, it's an ideal place for families and those looking for a peaceful lifestyle. The town is dotted with historic sites and local amenities, making it a perfect blend of rural and suburban living.

Current Market Conditions in Murchison, TX

Murchison's real estate market is currently characterized by a steady demand for residential properties, particularly among families and retirees. The relatively low cost of living compared to larger cities in Texas makes it an attractive option for those seeking affordable housing in a tranquil setting.

Recent trends indicate a gradual increase in property values, with an uptick in new home constructions driven by the area's appeal. The market is seeing interest from various demographics, including first-time buyers and investors looking for rental properties.

Home Value Estimator For Murchison, TX

There are currently 1,538 real estate properties in Murchison, TX, with a median automated valuation model (AVM) price of $190,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Murchison, 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 Murchison, TX, is $247,436.00, with the most expensive house in Murchison, TX, topping out at $3,365,150.00 and the cheapest home in Murchison, TX, clocking in at $15,067.00. In other words, there’s something for every potential homebuyer or savvy investor in Murchison, TX!

Rent Prices In Murchison, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Murchison, TX, is on a rollercoaster ride. The average rent price in Murchison, TX, is $1,089.00. Indeed, when looking to rent in Murchison, TX, you can expect to pay as little as $530.00 or as much as $1,960.00, with the average rent median estimated to be $1,020.00. The good news is that finding an affordable and desirable property to rent in Murchison, 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.

Murchison, TX Foreclosures

Market Trend for Murchison, TX

Total Listings Available: 3

Market Values:

Home Prices from $15,067 to $3,365,150

Average Sales Price: $247,436

Rental Values:

Rental from $530 to $1,960

Average Rent Value: $1,089 / month

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