There are currently 1,947 real estate properties in Pilot Point, TX, with a median automated valuation model (AVM) price of $286,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pilot Point, 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 Pilot Point, TX, is $386,294.00, with the most expensive house in Pilot Point, TX, topping out at $13,842,200.00 and the cheapest home in Pilot Point, TX, clocking in at $14,490.00. In other words, there’s something for every potential homebuyer or savvy investor in Pilot Point, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pilot Point, TX, is on a rollercoaster ride. The average rent price in Pilot Point, TX, is $1,551.00. Indeed, when looking to rent in Pilot Point, TX, you can expect to pay as little as $730.00 or as much as $3,900.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Pilot Point, 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.
Pilot Point is located in Denton, Texas, with an estimated municipal population of 4,525 residents. All of the best foreclosed homes for sale in Pilot Point are located in the following zip code areas on Foreclosure.com: 76258. The estimated population per square kilometer (.62 miles) in Pilot Point is 433.
So, about how much do homes cost in Pilot Point? The most recent median value of resident-owned homes in Pilot Point is 134,357. An estimated 55.3 percent of households in Pilot Point own their homes, with an average family size of 3.53. The median household income in Pilot Point is 60,158, with15.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pilot Point, the median commute time of resident workers (in minutes) is 22.7. And last, but certainly not least, are you looking for homes to rent in Pilot Point? If so, the average rent price paid by renters in Pilot Point is 1,078, 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 Pilot Point, 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 Pilot Point is 41, split between 40.6 percent male versus 59.4 female. The percentage of residents who report being married in Pilot Point is 44.1, with an average family size of 3.53.
The percentage of residents who report their race in Pilot Point is as follows:
White | 90.2% |
Black / African American | 4.3% |
Asian | 0% |
American Indian / Alaskan Native | 1.9% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 1.1% |
Other | 2.4% |
Looking for family-friendly neighborhoods in and/or near Pilot Point? Or maybe you are searching for 55+ active adult communities in and/or near Pilot Point?
The percentage of residents who report their age in Pilot Point is as follows:
Under 10 | 13.2% |
Aged 10-19 | 14.3% |
20s | 11.6% |
30s | 6.9% |
40s | 21.2% |
50s | 14.3% |
60s | 5.8% |
70s | 7.4% |
80+ | 5.4% |
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 Pilot Point with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pilot Point.
How do you know that living in -- or moving to -- Pilot Point is right where you need to be? Perhaps you grew up in Pilot Point or already live nearby; therefore, the decision to buy a home in Pilot Point is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pilot Point 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 Pilot Point:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pilot Point.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pilot Point can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pilot Point, meanwhile, can field multiple offers from more qualified buyers.
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