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Foreclosure Homes in Rhome, TX

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Rhome, TX Foreclosures

How much do homes sell for in Rhome, TX?
The average home price is currently $320,809.
In Rhome, TX, how many homes are available?
There are currently 27 active home listings available in Rhome.
What’s the average rental cost in Rhome, TX?
The average rental price in Rhome is $1,425.
What is the most expensive home in Rhome?
The most expensive home sold in Rhome had a price of $7,069,600.
What is currently the cheapest priced home in Rhome, TX?
The cheapest home for sale in Rhome is priced at $37,797.

Living in Rhome, TX

Rhome, TX, is a quaint city in Wise County, known for its family-friendly atmosphere and accessibility to nearby urban centers. Residents enjoy a relaxed community vibe, excellent local amenities, and a variety of outdoor activities. The city maintains a warm, welcoming feel ideal for those looking for a quiet yet connected lifestyle.

Current Market Conditions in Rhome, TX

The real estate market in Rhome is currently stable, with steady demand for homes as families and commuters seek affordable living options close to the city. Home prices have shown moderate growth, reflecting the area's increasing popularity.

There has been an uptick in newly constructed homes and developments aimed at attracting young families and first-time buyers, especially due to the city's proximity to larger urban centers.

Home Value Estimator For Rhome, TX

There are currently 3,168 real estate properties in Rhome, TX, with a median automated valuation model (AVM) price of $261,404.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rhome, 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 Rhome, TX, is $320,809.00, with the most expensive house in Rhome, TX, topping out at $7,069,600.00 and the cheapest home in Rhome, TX, clocking in at $37,797.00. In other words, there’s something for every potential homebuyer or savvy investor in Rhome, TX!

Rent Prices In Rhome, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rhome, TX, is on a rollercoaster ride. The average rent price in Rhome, TX, is $1,425.00. Indeed, when looking to rent in Rhome, TX, you can expect to pay as little as $570.00 or as much as $3,900.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Rhome, 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.

Rhome, TX Foreclosures


Market Trend for Rhome, TX

Total Listings Available: 27

Market Values:

Home Prices from $37,797 to $7,069,600

Average Sales Price: $320,809

Rental Values:

Rental from $570 to $3,900

Average Rent Value: $1,425 / month

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