Tom Bean, TX Foreclosures
Current Market Conditions in in Tom Bean, TX As of April 2026?
This past month has seen a slight uptick in home sales in Tom Bean, with several properties closing at near asking prices. The local housing market has maintained a competitive edge, drawing interest from first-time homebuyers and families seeking more spacious living arrangements outside of urban centers. Inventory remains low but stable, leading to a sense of optimism as new listings hit the market. Real estate professionals believe this is a positive indicator as buyers are beginning to recognize the value of rural living, particularly in friendly communities like Tom Bean.
How much do homes sell for in Tom Bean, TX?
The average home price is currently $351,988.
In Tom Bean, TX, how many homes are available?
There are currently 2 active home listings available in Tom Bean.
What’s the average rental cost in Tom Bean, TX?
The average rental price in Tom Bean is $1,275.
What is the most expensive home in Tom Bean?
The most expensive home sold in Tom Bean had a price of $9,841,900.
What is currently the cheapest priced home in Tom Bean, TX?
The cheapest home for sale in Tom Bean is priced at $42,925.
Living in Tom Bean, TX
Tom Bean, TX is a quaint and friendly small town in Grayson County known for its tight-knit community and serene rural lifestyle. It offers residents easy access to nearby cities while maintaining a peaceful atmosphere. With a focus on education and outdoor activities, it's an ideal place for families and individuals alike.
Buyer vs Seller Market in Tom Bean, TX
In recent months, the real estate market in Tom Bean has shown stability, with home prices remaining relatively steady. The demand for properties in the area has not fluctuated dramatically, indicating a balanced market. As more families seek out affordable housing options, Tom Bean remains an appealing choice for potential buyers.
The real estate market has been gradually growing, with a slight increase in the number of homes being built, reflecting the area's expansion. Homebuyers appreciate the affordable prices compared to nearby cities, which continues to drive interest and investment.
Home Value Estimator For Tom Bean, TX
There are currently 858 real estate properties
in Tom Bean, TX,
with a median automated valuation model (AVM) price
of $259,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tom Bean, 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 Tom Bean, TX,
is $351,988.00, with the most expensive house
in Tom Bean, TX, topping out
at $9,841,900.00 and the cheapest home
in Tom Bean, TX,
clocking in at $42,925.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tom Bean, TX!
Rent Prices
In Tom Bean, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tom Bean, TX, is on
a rollercoaster ride. The
average rent price in Tom Bean, TX,
is $1,275.00. Indeed, when looking to rent in
Tom Bean, TX, you can expect to pay as little
as $590.00 or as much
as $2,500.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Tom Bean, 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.
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