New Deal, TX Foreclosures
How much do homes sell for in New Deal, TX?
The average home price is currently $158,209.
What’s the average rental cost in New Deal, TX?
The average rental price in New Deal is $1,124.
What is the most expensive home in New Deal?
The most expensive home sold in New Deal had a price of $655,651.
What is currently the cheapest priced home in New Deal, TX?
The cheapest home for sale in New Deal is priced at $28,247.
Living in New Deal, TX
New Deal, Texas, is a vibrant small town located near Lubbock, offering residents a peaceful rural lifestyle with access to urban amenities. It has a strong community spirit and is served by the New Deal Independent School District. The area is characterized by its agricultural roots and welcoming atmosphere.
Current Market Conditions in New Deal, TX
The real estate market in New Deal remains stable, with a steady demand for homes driven by the area's popularity among families seeking a quieter lifestyle. The proximity to Lubbock helps keep the market active, as many buyers are looking for affordable housing options without sacrificing convenience.
Recent trends indicate a gradual increase in home values, reflecting the community's appeal and the limited availability of listings. As more people discover the benefits of living in New Deal, the demand for housing continues to grow.
Home Value Estimator For New Deal, TX
There are currently 232 real estate properties
in New Deal, TX,
with a median automated valuation model (AVM) price
of $129,034.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in New Deal, 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 New Deal, TX,
is $158,209.00, with the most expensive house
in New Deal, TX, topping out
at $655,651.00 and the cheapest home
in New Deal, TX,
clocking in at $28,247.00. In other words, there’s
something for every potential homebuyer
or savvy investor in New Deal, TX!
Rent Prices
In New Deal, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in New Deal, TX, is on
a rollercoaster ride. The
average rent price in New Deal, TX,
is $1,124.00. Indeed, when looking to rent in
New Deal, TX, you can expect to pay as little
as $670.00 or as much
as $2,380.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in New Deal, 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.