Living in Sunray, TX
Sunray, TX is a charming small town offering a peaceful lifestyle with a supportive community. Residents enjoy access to essential amenities, local schools, and various recreational activities. Its proximity to larger cities provides additional convenience for families and individuals looking to embrace a rural lifestyle without sacrificing access to urban benefits.
Current Market Conditions in Sunray, TX
The real estate market in Sunray, TX has shown stability over recent years, making it an attractive opportunity for investors seeking long-term value. With a reasonable cost of living and competitive property prices, the area is experiencing gradual growth, appealing to both families and retirees.
Current trends indicate an interest in affordable housing options, as potential buyers look for properties that provide value without the high price tags found in larger cities. As Sunray continues to grow, investors can capitalize on these opportunities by considering residential and rental properties.
Home Value Estimator For Sunray, TX
There are currently 785 real estate properties
in Sunray, TX,
with a median automated valuation model (AVM) price
of $120,871.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sunray, 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 Sunray, TX,
is $143,283.00, with the most expensive house
in Sunray, TX, topping out
at $1,294,800.00 and the cheapest home
in Sunray, TX,
clocking in at $15,655.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sunray, TX!
Rent Prices
In Sunray, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sunray, TX, is on
a rollercoaster ride. The
average rent price in Sunray, TX,
is $961.00. Indeed, when looking to rent in
Sunray, TX, you can expect to pay as little
as $590.00 or as much
as $2,220.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Sunray, 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.