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Condo Foreclosures in Purmela, TX

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Purmela, TX Foreclosures

How much do homes sell for in Purmela, TX?
The average home price is currently $528,866.
What’s the average rental cost in Purmela, TX?
The average rental price in Purmela is $1,165.
What is the most expensive home in Purmela?
The most expensive home sold in Purmela had a price of $3,854,900.
What is currently the cheapest priced home in Purmela, TX?
The cheapest home for sale in Purmela is priced at $15,100.

Living in Purmela, TX

PurMela is a quaint rural community in Texas known for its charming landscapes and close-knit atmosphere. Residents enjoy a slower pace of life, with ample opportunities for outdoor activities such as fishing and hiking in nearby areas. The local community is friendly, offering a variety of small-town events year-round.

Current Market Conditions in Purmela, TX

The real estate market in PurMela has shown steady growth over the past few years, attracting buyers seeking affordable options in a tranquil setting. The demand for homes has increased, making it a competitive market, particularly for families and retirees looking for a peaceful community.

Current trends indicate a growing interest in investment properties and vacation rentals due to the area's natural attractions. As more individuals seek to escape urban life, PurMela remains a notable choice for potential homeowners and investors alike.

Home Value Estimator For Purmela, TX

There are currently 137 real estate properties in Purmela, TX, with a median automated valuation model (AVM) price of $402,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Purmela, 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 Purmela, TX, is $528,866.00, with the most expensive house in Purmela, TX, topping out at $3,854,900.00 and the cheapest home in Purmela, TX, clocking in at $15,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Purmela, TX!

Rent Prices In Purmela, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Purmela, TX, is on a rollercoaster ride. The average rent price in Purmela, TX, is $1,165.00. Indeed, when looking to rent in Purmela, TX, you can expect to pay as little as $720.00 or as much as $3,040.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Purmela, 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.

Purmela, TX Condos


Market Trend for Purmela, TX

Total Listings Available: 0

Market Values:

Home Prices from $15,100 to $3,854,900

Average Sales Price: $528,866

Rental Values:

Rental from $720 to $3,040

Average Rent Value: $1,165 / month

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