There are currently 1,304 real estate properties in Hemphill, TX, with a median automated valuation model (AVM) price of $177,200.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hemphill, 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 Hemphill, TX, is $208,726.00, with the most expensive house in Hemphill, TX, topping out at $4,380,400.00 and the cheapest home in Hemphill, TX, clocking in at $40,600.00. In other words, there’s something for every potential homebuyer or savvy investor in Hemphill, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hemphill, TX, is on a rollercoaster ride. The average rent price in Hemphill, TX, is $1,217.00. Indeed, when looking to rent in Hemphill, TX, you can expect to pay as little as $570.00 or as much as $2,550.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Hemphill, 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 Hemphill, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hemphill, TX and much more. Save thousands at closing with home foreclosure listings in Hemphill, TX — up to 75% off market value!
Hemphill is located in Sabine, Texas, with an estimated municipal population of 1,244 residents. All of the best foreclosed homes for sale in Hemphill are located in the following zip code areas on Foreclosure.com: 75948. The estimated population per square kilometer (.62 miles) in Hemphill is 189.
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 Hemphill, 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 Hemphill is 41.6, split between 49.3 percent male versus 50.7 female. The percentage of residents who report being married in Hemphill is 47.7, with an average family size of 3.37.
The percentage of residents who report their race in Hemphill is as follows:
|Black / African American||4.1%|
|American Indian / Alaskan Native||4.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Hemphill? Or maybe you are searching for 55+ active adult communities in and/or near Hemphill?
The percentage of residents who report their age in Hemphill 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 Hemphill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hemphill.
How do you know that living in -- or moving to -- Hemphill is right where you need to be? Perhaps you grew up in Hemphill or already live nearby; therefore, the decision to buy a home in Hemphill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hemphill 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 Hemphill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hemphill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hemphill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hemphill, meanwhile, can field multiple offers from more qualified buyers.
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