There are currently 12,894 real estate properties in Del Rio, TX, with a median automated valuation model (AVM) price of $132,859.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Del Rio, 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 Del Rio, TX, is $147,451.00, with the most expensive house in Del Rio, TX, topping out at $5,116,300.00 and the cheapest home in Del Rio, TX, clocking in at $16,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Del Rio, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Del Rio, TX, is on a rollercoaster ride. The average rent price in Del Rio, TX, is $1,092.00. Indeed, when looking to rent in Del Rio, TX, you can expect to pay as little as $440.00 or as much as $2,160.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Del Rio, 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 Del Rio, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Del Rio, TX and much more. Save thousands at closing with home foreclosure listings in Del Rio, TX — up to 75% off market value!
Del Rio is located in Val Verde, Texas, with an estimated municipal population of 35,760 residents. All of the best foreclosed homes for sale in Del Rio are located in the following zip code areas on Foreclosure.com: 78840 78841 78842 78847. The estimated population per square kilometer (.62 miles) in Del Rio is 676.
So, about how much do homes cost in Del Rio? The most recent median value of resident-owned homes in Del Rio is 108,289. An estimated 60.6 percent of households in Del Rio own their homes, with an average family size of 3.63. The median household income in Del Rio is 44,959, with19.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Del Rio, the median commute time of resident workers (in minutes) is 18.2. And last, but certainly not least, are you looking for homes to rent in Del Rio? If so, the average rent price paid by renters in Del Rio is 682, 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 Del Rio, 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 Del Rio is 33.7, split between 51 percent male versus 49 female. The percentage of residents who report being married in Del Rio is 50.5, with an average family size of 3.63.
The percentage of residents who report their race in Del Rio is as follows:
|Black / African American||1.3%|
|American Indian / Alaskan Native||0.5%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Del Rio? Or maybe you are searching for 55+ active adult communities in and/or near Del Rio?
The percentage of residents who report their age in Del Rio 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 Del Rio with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Del Rio.
How do you know that living in -- or moving to -- Del Rio is right where you need to be? Perhaps you grew up in Del Rio or already live nearby; therefore, the decision to buy a home in Del Rio is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Del Rio 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 Del Rio:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Del Rio.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Del Rio can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Del Rio, meanwhile, can field multiple offers from more qualified buyers.
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