There are currently 1,418 real estate properties in Dimmitt, TX, with a median automated valuation model (AVM) price of $109,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dimmitt, 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 Dimmitt, TX, is $143,365.00, with the most expensive house in Dimmitt, TX, topping out at $1,114,500.00 and the cheapest home in Dimmitt, TX, clocking in at $15,273.00. In other words, there’s something for every potential homebuyer or savvy investor in Dimmitt, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dimmitt, TX, is on a rollercoaster ride. The average rent price in Dimmitt, TX, is $957.00. Indeed, when looking to rent in Dimmitt, TX, you can expect to pay as little as $580.00 or as much as $2,030.00, with the average rent median estimated to be $870.00. The good news is that finding an affordable and desirable property to rent in Dimmitt, 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.
Dimmitt is located in Castro, Texas, with an estimated municipal population of 4,099 residents. All of the best foreclosed homes for sale in Dimmitt are located in the following zip code areas on Foreclosure.com: 79027. The estimated population per square kilometer (.62 miles) in Dimmitt is 502.
So, about how much do homes cost in Dimmitt? The most recent median value of resident-owned homes in Dimmitt is 81,231. An estimated 60.1 percent of households in Dimmitt own their homes, with an average family size of 3.78. The median household income in Dimmitt is 43,233, with15.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Dimmitt, the median commute time of resident workers (in minutes) is 15.9. And last, but certainly not least, are you looking for homes to rent in Dimmitt? If so, the average rent price paid by renters in Dimmitt is 644, 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 Dimmitt, 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 Dimmitt is 34.8, split between 49.5 percent male versus 50.5 female. The percentage of residents who report being married in Dimmitt is 41.5, with an average family size of 3.78.
The percentage of residents who report their race in Dimmitt is as follows:
| White | 87.4% |
| Black / African American | 2.2% |
| Asian | 0.7% |
| American Indian / Alaskan Native | 0.2% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 5.4% |
| Other | 4.2% |
Looking for family-friendly neighborhoods in and/or near Dimmitt? Or maybe you are searching for 55+ active adult communities in and/or near Dimmitt?
The percentage of residents who report their age in Dimmitt is as follows:
| Under 10 | 19.6% |
| Aged 10-19 | 14.6% |
| 20s | 11.3% |
| 30s | 11.7% |
| 40s | 10.8% |
| 50s | 9.5% |
| 60s | 13.7% |
| 70s | 5.8% |
| 80+ | 3.2% |
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 Dimmitt with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Dimmitt.
How do you know that living in -- or moving to -- Dimmitt is right where you need to be? Perhaps you grew up in Dimmitt or already live nearby; therefore, the decision to buy a home in Dimmitt is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Dimmitt 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 Dimmitt:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Dimmitt.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Dimmitt can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Dimmitt, meanwhile, can field multiple offers from more qualified buyers.
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