There are currently 1,494 real estate properties in Rusk, TX, with a median automated valuation model (AVM) price of $138,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rusk, 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 Rusk, TX, is $157,923.00, with the most expensive house in Rusk, TX, topping out at $2,707,100.00 and the cheapest home in Rusk, TX, clocking in at $34,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Rusk, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rusk, TX, is on a rollercoaster ride. The average rent price in Rusk, TX, is $1,029.00. Indeed, when looking to rent in Rusk, TX, you can expect to pay as little as $570.00 or as much as $2,320.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Rusk, 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 Rusk, TX area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Rusk, TX and much more. Save thousands at closing with home foreclosure listings in Rusk, TX — up to 75% off market value!
Rusk is located in Cherokee, Texas, with an estimated municipal population of 5,602 residents. All of the best foreclosed homes for sale in Rusk are located in the following zip code areas on Foreclosure.com: 75785. The estimated population per square kilometer (.62 miles) in Rusk is 299.
So, about how much do homes cost in Rusk? The most recent median value of resident-owned homes in Rusk is 85,516. An estimated 64.7 percent of households in Rusk own their homes, with an average family size of 2.88. The median household income in Rusk is 53,109, with16 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rusk, the median commute time of resident workers (in minutes) is 24.5. And last, but certainly not least, are you looking for homes to rent in Rusk? If so, the average rent price paid by renters in Rusk is 921, 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 Rusk, 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 Rusk is 39, split between 69.1 percent male versus 30.9 female. The percentage of residents who report being married in Rusk is 32.6, with an average family size of 2.88.
The percentage of residents who report their race in Rusk is as follows:
|Black / African American||31.4%|
|American Indian / Alaskan Native||1.7%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Rusk? Or maybe you are searching for 55+ active adult communities in and/or near Rusk?
The percentage of residents who report their age in Rusk 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 Rusk with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rusk.
How do you know that living in -- or moving to -- Rusk is right where you need to be? Perhaps you grew up in Rusk or already live nearby; therefore, the decision to buy a home in Rusk is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rusk 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 Rusk:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rusk.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rusk can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rusk, meanwhile, can field multiple offers from more qualified buyers.
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