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There are currently 20 real estate properties in Fairchilds, TX, with a median automated valuation model (AVM) price of $322,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fairchilds, 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 Fairchilds, TX, is $333,193.00, with the most expensive house in Fairchilds, TX, topping out at $663,000.00 and the cheapest home in Fairchilds, TX, clocking in at $43,141.00. In other words, there’s something for every potential homebuyer or savvy investor in Fairchilds, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairchilds, TX, is on a rollercoaster ride. The average rent price in Fairchilds, TX, is $1,539.00. Indeed, when looking to rent in Fairchilds, TX, you can expect to pay as little as $720.00 or as much as $2,460.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Fairchilds, 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.
Fairchilds is located in Fort Bend, Texas, with an estimated municipal population of 1,297 residents. All of the best foreclosed homes for sale in Fairchilds are located in the following zip code areas on Foreclosure.com: 77461 77469. The estimated population per square kilometer (.62 miles) in Fairchilds is 251.
So, about how much do homes cost in Fairchilds? The most recent median value of resident-owned homes in Fairchilds is 142,398. An estimated 80.1 percent of households in Fairchilds own their homes, with an average family size of 3.08. The median household income in Fairchilds is 69,375, with30.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fairchilds, the median commute time of resident workers (in minutes) is 32.9. And last, but certainly not least, are you looking for homes to rent in Fairchilds? If so, the average rent price paid by renters in Fairchilds is 800, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Fairchilds, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Fairchilds is 41.4, split between 47.4 percent male versus 52.6 female. The percentage of residents who report being married in Fairchilds is 57, with an average family size of 3.08.
The percentage of residents who report their race in Fairchilds is as follows:
White | 93.7% |
Black / African American | 0% |
Asian | 3.8% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 2% |
Other | 0.5% |
Looking for family-friendly neighborhoods in and/or near Fairchilds? Or maybe you are searching for 55+ active adult communities in and/or near Fairchilds?
The percentage of residents who report their age in Fairchilds is as follows:
Under 10 | 10.1% |
Aged 10-19 | 11.1% |
20s | 17% |
30s | 11% |
40s | 9.5% |
50s | 17.8% |
60s | 15.2% |
70s | 4.2% |
80+ | 4% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Fairchilds with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Fairchilds.
How do you know that living in -- or moving to -- Fairchilds is right where you need to be? Perhaps you grew up in Fairchilds or already live nearby; therefore, the decision to buy a home in Fairchilds is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Fairchilds for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Fairchilds:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Fairchilds.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Fairchilds can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Fairchilds, meanwhile, can field multiple offers from more qualified buyers.
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