Savoy, TX Foreclosures
How much do homes sell for in Savoy, TX?
The average home price is currently $337,135.
In Savoy, TX, how many homes are available?
There are currently 3 active home listings available in Savoy.
What’s the average rental cost in Savoy, TX?
The average rental price in Savoy is $1,183.
What is the most expensive home in Savoy?
The most expensive home sold in Savoy had a price of $1,943,516.
What is currently the cheapest priced home in Savoy, TX?
The cheapest home for sale in Savoy is priced at $24,504.
Living in Savoy, TX
Savoy, TX, is a quaint small town offering a warm, community-focused lifestyle. With excellent schools, local parks, and easy access to surrounding urban centers, it’s an ideal location for families and individuals seeking a peaceful environment.
Current Market Conditions in Savoy, TX
The real estate market in Savoy, TX, has experienced steady growth over the past year, with an increase in the number of homes sold and a moderate uptick in home prices. This trend indicates a growing interest among buyers looking for affordable homes in smaller towns away from larger metropolitan areas.
Savoy remains an attractive option for first-time homebuyers and families seeking larger homes with yards, contributing to the increased demand seen in the market.
In comparison to larger cities, Savoy offers a more affordable cost of living, which continues to draw interest from those relocating from urban environments.
Home Value Estimator For Savoy, TX
There are currently 757 real estate properties
in Savoy, TX,
with a median automated valuation model (AVM) price
of $247,039.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Savoy, 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 Savoy, TX,
is $337,135.00, with the most expensive house
in Savoy, TX, topping out
at $1,943,516.00 and the cheapest home
in Savoy, TX,
clocking in at $24,504.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Savoy, TX!
Rent Prices
In Savoy, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Savoy, TX, is on
a rollercoaster ride. The
average rent price in Savoy, TX,
is $1,183.00. Indeed, when looking to rent in
Savoy, TX, you can expect to pay as little
as $650.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Savoy, 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.