There are currently 43,837 real estate properties in Beaumont, TX, with a median automated valuation model (AVM) price of $156,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Beaumont, 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 Beaumont, TX, is $192,725.00, with the most expensive house in Beaumont, TX, topping out at $8,984,200.00 and the cheapest home in Beaumont, TX, clocking in at $11,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Beaumont, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Beaumont, TX, is on a rollercoaster ride. The average rent price in Beaumont, TX, is $1,231.00. Indeed, when looking to rent in Beaumont, TX, you can expect to pay as little as $520.00 or as much as $3,200.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Beaumont, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Beaumont, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Beaumont, TX and much more. Save thousands at closing with home foreclosure listings in Beaumont, TX — up to 75% off market value!
Beaumont is located in Jefferson, Texas, with an estimated municipal population of 116,825 residents. All of the best foreclosed homes for sale in Beaumont are located in the following zip code areas on Foreclosure.com: 77708 77705 77706 77707 77701 77702 77703 77713 77704 77710 77720 77725 77726. The estimated population per square kilometer (.62 miles) in Beaumont is 547.
So, about how much do homes cost in Beaumont? The most recent median value of resident-owned homes in Beaumont is 110,538. An estimated 54 percent of households in Beaumont own their homes, with an average family size of 3.19. The median household income in Beaumont is 50,632, with20.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Beaumont, the median commute time of resident workers (in minutes) is 18.8. And last, but certainly not least, are you looking for homes to rent in Beaumont? If so, the average rent price paid by renters in Beaumont is 868, 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 Beaumont, 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 Beaumont is 33.9, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Beaumont is 42.8, with an average family size of 3.19.
The percentage of residents who report their race in Beaumont is as follows:
|Black / African American||46.9%|
|American Indian / Alaskan Native||0.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Beaumont? Or maybe you are searching for 55+ active adult communities in and/or near Beaumont?
The percentage of residents who report their age in Beaumont is as follows:
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 Beaumont with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Beaumont.
How do you know that living in -- or moving to -- Beaumont is right where you need to be? Perhaps you grew up in Beaumont or already live nearby; therefore, the decision to buy a home in Beaumont is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Beaumont 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 Beaumont:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Beaumont.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Beaumont can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Beaumont, meanwhile, can field multiple offers from more qualified buyers.
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