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Foreclosures in Savoy, TX

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Savoy, TX Foreclosures

How much do homes sell for in Savoy, TX?
The average home price is currently $281,741.
In Savoy, TX, how many homes are available?
There are currently 1 active home listings available in Savoy.
What’s the average rental cost in Savoy, TX?
The average rental price in Savoy is $1,184.
What is the most expensive home in Savoy?
The most expensive home sold in Savoy had a price of $1,593,886.
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, tight-knit community nestled in the heart of Fannin County. With a rich agricultural backdrop and close access to outdoor activities, it provides a tranquil living environment. Local amenities and community events make it an ideal choice for families and individuals seeking a peaceful lifestyle.

Current Market Conditions in Savoy, TX

The real estate market in Savoy is currently experiencing modest growth, with steady demand for homes in the area. The small-town charm continues to attract buyers looking for affordable housing options in a rural setting, and homes are selling relatively quickly compared to previous years.

Recent trends indicate an upward trajectory in home values, driven by low inventory and an influx of new residents searching for a quiet, community-oriented lifestyle. This has resulted in a competitive market, although prices remain lower than in larger metropolitan areas.

Home Value Estimator For Savoy, TX

There are currently 624 real estate properties in Savoy, TX, with a median automated valuation model (AVM) price of $216,340.00. 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 $281,741.00, with the most expensive house in Savoy, TX, topping out at $1,593,886.00 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 $1,184.00. 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

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