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Foreclosure Homes in Savoy, TX

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Savoy, TX Foreclosures

Current Market Conditions in in Savoy, TX As of April 2026?
In the past month, Savoy's real estate market has remained stable, with a slight increase in property sales. The average home price has seen minor fluctuations, showing resilience despite broader market trends. More buyers are looking for affordable options, maintaining the competitive nature of the market. Additionally, interest rates have not deterred potential homebuyers, indicating healthy activity in the local market.
How much do homes sell for in Savoy, TX?
The average home price is currently $341,529.
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 $2,167,374.
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, Texas is a quaint rural town in Fannin County that offers a peaceful living environment with a strong sense of community. Residents can enjoy various local amenities and outdoor recreational activities, making it an ideal place for families and nature lovers alike. With its small-town charm and friendly atmosphere, Savoy is a hidden gem in Northeast Texas.

Buyer vs Seller Market in Savoy, TX

Savoy's real estate market is characterized by affordable housing options and a stable demand for properties. The limited availability of homes has helped maintain property values, making it an attractive spot for first-time buyers and investors seeking rental opportunities.

Over the past several months, there has been a noticeable increase in interest in the area, with more buyers looking for homes outside larger cities. This growing trend suggests that Savoy may see a continued rise in home values and developments to meet the increasing demand.

Home Value Estimator For Savoy, TX

There are currently 756 real estate properties in Savoy, TX, with a median automated valuation model (AVM) price of $243,600.00. 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 $341,529.00, with the most expensive house in Savoy, TX, topping out at $2,167,374.00 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.

Savoy, TX Foreclosures


Market Trend for Savoy, TX

Total Listings Available: 3

Market Values:

Home Prices from $24,504 to $2,167,374

Average Sales Price: $341,529

Rental Values:

Rental from $650 to $2,680

Average Rent Value: $1,183 / month

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