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Foreclosure Homes in Pharr, TX

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Pharr, TX Foreclosures

How much do homes sell for in Pharr, TX?
The average home price is currently $184,310.
In Pharr, TX, how many homes are available?
There are currently 35 active home listings available in Pharr.
What’s the average rental cost in Pharr, TX?
The average rental price in Pharr is $949.
What is the most expensive home in Pharr?
The most expensive home sold in Pharr had a price of $4,878,800.
What is currently the cheapest priced home in Pharr, TX?
The cheapest home for sale in Pharr is priced at $13,398.

Living in Pharr, TX

Pharr, TX is a thriving city in the Rio Grande Valley, celebrated for its cultural diversity and community spirit. The city features excellent educational institutions, numerous parks, and a variety of local amenities. Its strategic location near the US-Mexico border further enriches the lifestyle of its residents.

Current Market Conditions in Pharr, TX

The real estate market in Pharr, TX is currently dynamic, with a noticeable increase in demand for both single-family homes and multi-family units. Prices have seen an uptick due to a growing population and strong economic prospects in the region, making it an appealing destination for new buyers and investors.

Rental properties are also experiencing growth, with many young professionals and families looking for affordable housing options. The rise in median home prices reflects the area's development and investment in infrastructure, making it an attractive market for those looking to enter the housing market.

Home Value Estimator For Pharr, TX

There are currently 21,012 real estate properties in Pharr, TX, with a median automated valuation model (AVM) price of $167,171.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pharr, 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 Pharr, TX, is $184,310.00, with the most expensive house in Pharr, TX, topping out at $4,878,800.00 and the cheapest home in Pharr, TX, clocking in at $13,398.00. In other words, there’s something for every potential homebuyer or savvy investor in Pharr, TX!

Rent Prices In Pharr, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pharr, TX, is on a rollercoaster ride. The average rent price in Pharr, TX, is $949.00. Indeed, when looking to rent in Pharr, TX, you can expect to pay as little as $460.00 or as much as $2,760.00, with the average rent median estimated to be $900.00. The good news is that finding an affordable and desirable property to rent in Pharr, 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.

Pharr, TX Foreclosures

Market Trend for Pharr, TX

Total Listings Available: 35

Market Values:

Home Prices from $13,398 to $4,878,800

Average Sales Price: $184,310

Rental Values:

Rental from $460 to $2,760

Average Rent Value: $949 / month

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