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Foreclosure Homes in Hermleigh, TX

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Hermleigh, TX Foreclosures

How much do homes sell for in Hermleigh, TX?
The average home price is currently $138,923.
In Hermleigh, TX, how many homes are available?
There are currently 362 active home listings available in Hermleigh.
What’s the average rental cost in Hermleigh, TX?
The average rental price in Hermleigh is $954.
What is the most expensive home in Hermleigh, Texas?
The most expensive home sold in Hermleigh had a price of $1,170,000.
What is currently the cheapest priced home in Hermleigh, TX?
The cheapest home for sale in Hermleigh is priced at $19,644.

Home Value Estimator For Hermleigh, TX

There are currently 362 real estate properties in Hermleigh, TX, with a median automated valuation model (AVM) price of $112,843.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hermleigh, 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 Hermleigh, TX, is $138,923.00, with the most expensive house in Hermleigh, TX, topping out at $1,170,000.00 and the cheapest home in Hermleigh, TX, clocking in at $19,644.00. In other words, there’s something for every potential homebuyer or savvy investor in Hermleigh, TX!


Rent Prices In Hermleigh, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hermleigh, TX, is on a rollercoaster ride. The average rent price in Hermleigh, TX, is $954.00. Indeed, when looking to rent in Hermleigh, TX, you can expect to pay as little as $530.00 or as much as $1,920.00, with the average rent median estimated to be $890.00. The good news is that finding an affordable and desirable property to rent in Hermleigh, 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.


Top Reasons To Live In Hermleigh, TX In 2024

Hermleigh is located in Scurry, Texas, with an estimated municipal population of 376 residents. All of the best foreclosed homes for sale in Hermleigh are located in the following zip code areas on Foreclosure.com: 79526. The estimated population per square kilometer (.62 miles) in Hermleigh is 16.


Diversity And Demographics In Hermleigh, Texas

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 Hermleigh, 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 Hermleigh is 47.3, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Hermleigh is 62.5, with an average family size of 3.05.

The percentage of residents who report their race in Hermleigh is as follows:

White 96.5%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.5%
Other 1.9%

Looking for family-friendly neighborhoods in and/or near Hermleigh? Or maybe you are searching for 55+ active adult communities in and/or near Hermleigh?

The percentage of residents who report their age in Hermleigh is as follows:

Under 10 9.6%
Aged 10-19 19.1%
20s 13.3%
30s 6.7%
40s 11.1%
50s 13%
60s 6.2%
70s 17.6%
80+ 3.4%

Best Schools In Hermleigh, Texas

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 Hermleigh with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hermleigh.


Pros And Cons Of Living In Hermleigh, Texas

How do you know that living in -- or moving to -- Hermleigh is right where you need to be? Perhaps you grew up in Hermleigh or already live nearby; therefore, the decision to buy a home in Hermleigh is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hermleigh 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 Hermleigh:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hermleigh.


Reasons To Move To Hermleigh, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hermleigh can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hermleigh, meanwhile, can field multiple offers from more qualified buyers.

Hermleigh, TX Foreclosures


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