Wellman, TX Foreclosures
How much do homes sell for in Wellman, TX?
The average home price is currently $138,993.
In Wellman, TX, how many homes are available?
There are currently 13 active home listings available in Wellman.
What’s the average rental cost in Wellman, TX?
The average rental price in Wellman is $1,074.
What is the most expensive home in Wellman?
The most expensive home sold in Wellman had a price of $501,605.
What is currently the cheapest priced home in Wellman, TX?
The cheapest home for sale in Wellman is priced at $34,611.
Living in Wellman, TX
Wellman is a small, tight-knit community located in the heart of West Texas. Known for its rural charm, the town is surrounded by lush fields and open skies, providing a tranquil environment. Residents enjoy a slower pace of life while being close to larger towns for more amenities and services.
Current Market Conditions in Wellman, TX
The real estate market in Wellman has been relatively stable, experiencing a slow but steady appreciation in property values over recent years. This stability is attributed to the town's charm and the appeal of rural living. As more individuals and families seek out quieter regions, Wellman is becoming an attractive option for those looking to escape the hustle and bustle of city life.
Despite its small size, there is a growing interest in real estate here. Home prices remain affordable compared to larger urban areas, making it an attractive investment option for first-time buyers. The demand for homes in Wellman continues to rise, particularly among those seeking a close-knit community environment.
Home Value Estimator For Wellman, TX
There are currently 56 real estate properties
in Wellman, TX,
with a median automated valuation model (AVM) price
of $106,293.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Wellman, 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 Wellman, TX,
is $138,993.00, with the most expensive house
in Wellman, TX, topping out
at $501,605.00 and the cheapest home
in Wellman, TX,
clocking in at $34,611.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Wellman, TX!
Rent Prices
In Wellman, TX
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Wellman, TX, is on
a rollercoaster ride. The
average rent price in Wellman, TX,
is $1,074.00. Indeed, when looking to rent in
Wellman, TX, you can expect to pay as little
as $640.00 or as much
as $2,020.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Wellman, 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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