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Bankruptcy Homes in Ore City, TX

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Cedar-trl-Ore-city-TX-75683
Bankruptcy
$154,360 EMV

Cedar Trl
Ore City, TX 75683

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Home Value Estimator For Ore City, TX

There are currently 530 real estate properties in Ore City, TX, with a median automated valuation model (AVM) price of $141,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ore City, 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 Ore City, TX, is $170,288.00, with the most expensive house in Ore City, TX, topping out at $1,215,000.00 and the cheapest home in Ore City, TX, clocking in at $33,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Ore City, TX!


Rent Prices In Ore City, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ore City, TX, is on a rollercoaster ride. The average rent price in Ore City, TX, is $1,062.00. Indeed, when looking to rent in Ore City, TX, you can expect to pay as little as $530.00 or as much as $1,940.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Ore City, 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.


Foreclosure Homes in Ore City, TX

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Ore City, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Ore City, TX and much more. Save thousands at closing with home foreclosure listings in Ore City, TX — up to 75% off market value!


Top Reasons To Live In Ore City, TX In 2021

Ore City is located in Upshur, Texas, with an estimated municipal population of 1,228 residents. All of the best foreclosed homes for sale in Ore City are located in the following zip code areas on Foreclosure.com: 75683. The estimated population per square kilometer (.62 miles) in Ore City is 219.


Cost Of Living In Ore City, TX

So, about how much do homes cost in Ore City? The most recent median value of resident-owned homes in Ore City is 77,427. An estimated 62.9 percent of households in Ore City own their homes, with an average family size of 3.59. The median household income in Ore City is 37,500, with6.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ore City, the median commute time of resident workers (in minutes) is 24.3. And last, but certainly not least, are you looking for homes to rent in Ore City? If so, the average rent price paid by renters in Ore City is 788, according to recent statistics.


Diversity And Demographics In Ore City, 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 Ore City, 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 Ore City is 35.2, split between 50 percent male versus 50 female. The percentage of residents who report being married in Ore City is 40, with an average family size of 3.59.

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

White 81.8%
Black / African American 6.6%
Asian 0%
American Indian / Alaskan Native 1.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 4.3%
Other 5.8%

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

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

Under 10 9.8%
Aged 10-19 26.2%
20s 8.7%
30s 10%
40s 12.6%
50s 12.6%
60s 11.6%
70s 7.6%
80+ 0.9%

Best Schools In Ore City, 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 Ore City with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ore City.


Pros And Cons Of Living In Ore City, Texas

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

  • 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 Ore City.


Reasons To Move To Ore City, Texas, In 2021

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

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