Wellington, TX Foreclosures
How much do homes sell for in Wellington, TX?
The average home price is currently $111,490.
What’s the average rental cost in Wellington, TX?
The average rental price in Wellington is $1,075.
What is the most expensive home in Wellington?
The most expensive home sold in Wellington had a price of $759,800.
What is currently the cheapest priced home in Wellington, TX?
The cheapest home for sale in Wellington is priced at $26,694.
Living in Wellington, TX
Wellington, Texas is a charming small town located in the Texas Panhandle, known for its friendly community and serene atmosphere. The area features local amenities, outdoor recreational activities, and a strong emphasis on education, making it an ideal place for families and individuals seeking a tight-knit community. Its rural charm is complemented by convenient access to nearby larger towns, providing the best of both worlds.
Current Market Conditions in Wellington, TX
The current real estate market in Wellington is experiencing steady growth, with a mix of affordable and higher-end properties available. The demand for homes has increased, driven by new residents seeking the peaceful lifestyle that Wellington offers. Listings are moving quickly, and home values are gradually appreciating as more people discover the charm of this quaint town.
Wellington has seen a decrease in inventory over the last few months, leading to increased competition among home buyers. The average time on the market for homes has decreased, and sellers are receiving close to their asking prices. With new developments in the area, this trend is expected to continue, making it an opportune time for sellers.
Home Value Estimator For Wellington, TX
There are currently 1,199 real estate properties
in Wellington, TX,
with a median automated valuation model (AVM) price
of $87,960.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wellington, 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 Wellington, TX,
is $111,490.00, with the most expensive house
in Wellington, TX, topping out
at $759,800.00 and the cheapest home
in Wellington, TX,
clocking in at $26,694.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wellington, TX!
Rent Prices
In Wellington, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wellington, TX, is on
a rollercoaster ride. The
average rent price in Wellington, TX,
is $1,075.00. Indeed, when looking to rent in
Wellington, TX, you can expect to pay as little
as $580.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Wellington, 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.
Learn more on Foreclosure homes
