There are currently 1,215 real estate properties in Panhandle, TX, with a median automated valuation model (AVM) price of $193,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Panhandle, 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 Panhandle, TX, is $222,509.00, with the most expensive house in Panhandle, TX, topping out at $9,302,300.00 and the cheapest home in Panhandle, TX, clocking in at $23,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Panhandle, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Panhandle, TX, is on a rollercoaster ride. The average rent price in Panhandle, TX, is $1,258.00. Indeed, when looking to rent in Panhandle, TX, you can expect to pay as little as $670.00 or as much as $2,340.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Panhandle, 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 Panhandle, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Panhandle, TX and much more. Save thousands at closing with home foreclosure listings in Panhandle, TX — up to 75% off market value!
Panhandle is located in Carson, Texas, with an estimated municipal population of 2,312 residents. All of the best foreclosed homes for sale in Panhandle are located in the following zip code areas on Foreclosure.com: 79068. The estimated population per square kilometer (.62 miles) in Panhandle is 420.
So, about how much do homes cost in Panhandle? The most recent median value of resident-owned homes in Panhandle is 130,463. An estimated 79.5 percent of households in Panhandle own their homes, with an average family size of 3.22. The median household income in Panhandle is 85,804, with37.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Panhandle, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Panhandle? If so, the average rent price paid by renters in Panhandle is 806, 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 Panhandle, 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 Panhandle is 36.6, split between 49 percent male versus 51 female. The percentage of residents who report being married in Panhandle is 57.2, with an average family size of 3.22.
The percentage of residents who report their race in Panhandle is as follows:
|Black / African American||1.7%|
|American Indian / Alaskan Native||1.1%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Panhandle? Or maybe you are searching for 55+ active adult communities in and/or near Panhandle?
The percentage of residents who report their age in Panhandle 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 Panhandle with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Panhandle.
How do you know that living in -- or moving to -- Panhandle is right where you need to be? Perhaps you grew up in Panhandle or already live nearby; therefore, the decision to buy a home in Panhandle is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Panhandle 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 Panhandle:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Panhandle.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Panhandle can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Panhandle, meanwhile, can field multiple offers from more qualified buyers.
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