There are currently 245 real estate properties in Big Wells, TX, with a median automated valuation model (AVM) price of $88,312.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Big Wells, 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 Big Wells, TX, is $99,934.00, with the most expensive house in Big Wells, TX, topping out at $779,500.00 and the cheapest home in Big Wells, TX, clocking in at $13,771.00. In other words, there’s something for every potential homebuyer or savvy investor in Big Wells, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Big Wells, TX, is on a rollercoaster ride. The average rent price in Big Wells, TX, is $737.00. Indeed, when looking to rent in Big Wells, TX, you can expect to pay as little as $480.00 or as much as $1,380.00, with the average rent median estimated to be $700.00. The good news is that finding an affordable and desirable property to rent in Big Wells, 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.
Big Wells is located in Dimmit, Texas, with an estimated municipal population of 702 residents. All of the best foreclosed homes for sale in Big Wells are located in the following zip code areas on Foreclosure.com: 78830. The estimated population per square kilometer (.62 miles) in Big Wells is 489.
So, about how much do homes cost in Big Wells? The most recent median value of resident-owned homes in Big Wells is 54,327. An estimated 84.1 percent of households in Big Wells own their homes, with an average family size of 4.84. The median household income in Big Wells is 24,962, with6.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Big Wells, the median commute time of resident workers (in minutes) is 32.5. And last, but certainly not least, are you looking for homes to rent in Big Wells? If so, the average rent price paid by renters in Big Wells 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 Big Wells, 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 Big Wells is 32.2, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Big Wells is 31.2, with an average family size of 4.84.
The percentage of residents who report their race in Big Wells is as follows:
| White | 94.9% |
| Black / African American | 0% |
| Asian | 1.4% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 0% |
| Other | 3.7% |
Looking for family-friendly neighborhoods in and/or near Big Wells? Or maybe you are searching for 55+ active adult communities in and/or near Big Wells?
The percentage of residents who report their age in Big Wells is as follows:
| Under 10 | 10.4% |
| Aged 10-19 | 16.8% |
| 20s | 20% |
| 30s | 9.3% |
| 40s | 8.7% |
| 50s | 14.6% |
| 60s | 10.9% |
| 70s | 4.3% |
| 80+ | 5% |
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 Big Wells with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Big Wells.
How do you know that living in -- or moving to -- Big Wells is right where you need to be? Perhaps you grew up in Big Wells or already live nearby; therefore, the decision to buy a home in Big Wells is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Big Wells 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 Big Wells:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Big Wells.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Big Wells can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Big Wells, meanwhile, can field multiple offers from more qualified buyers.
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