Ravenna, TX Foreclosures
How much do homes sell for in Ravenna, TX?
The average home price is currently $387,336.
What’s the average rental cost in Ravenna, TX?
The average rental price in Ravenna is $1,247.
What is the most expensive home in Ravenna?
The most expensive home sold in Ravenna had a price of $8,974,352.
What is currently the cheapest priced home in Ravenna, TX?
The cheapest home for sale in Ravenna is priced at $29,000.
Living in Ravenna, TX
Ravenna, Texas, is a small rural community that offers a peaceful, close-knit atmosphere. With a population of approximately 600 residents, it is ideal for those seeking tranquility away from bustling urban centers. The area is known for its friendly residents, spacious properties, and a strong sense of community that fosters an inviting environment for families and retirees alike.
Current Market Conditions in Ravenna, TX
The real estate market in Ravenna is quite unique, characterized by affordable housing options and a steady demand for properties. As the trend of seeking quieter rural living continues to grow, Ravenna is attracting those looking for more space and lower cost of living compared to urban centers. The market has seen an influx of buyers, including families and retirees, leading to a stable housing market with modest appreciation in property values.
Currently, homes for sale in the Ravenna area typically have lower price points, making it an appealing choice for first-time buyers and investors alike. The community atmosphere and family-friendly environment also enhance the market appeal of the area.
Home Value Estimator For Ravenna, TX
There are currently 428 real estate properties
in Ravenna, TX,
with a median automated valuation model (AVM) price
of $285,358.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ravenna, 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 Ravenna, TX,
is $387,336.00, with the most expensive house
in Ravenna, TX, topping out
at $8,974,352.00 and the cheapest home
in Ravenna, TX,
clocking in at $29,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ravenna, TX!
Rent Prices
In Ravenna, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ravenna, TX, is on
a rollercoaster ride. The
average rent price in Ravenna, TX,
is $1,247.00. Indeed, when looking to rent in
Ravenna, TX, you can expect to pay as little
as $580.00 or as much
as $3,120.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Ravenna, 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.
Learn more on Foreclosure homes
