There are currently 8,085 real estate properties in Stephenville, TX, with a median automated valuation model (AVM) price of $248,042.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Stephenville, 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 Stephenville, TX, is $295,468.00, with the most expensive house in Stephenville, TX, topping out at $5,850,000.00 and the cheapest home in Stephenville, TX, clocking in at $18,976.00. In other words, there’s something for every potential homebuyer or savvy investor in Stephenville, TX!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Stephenville, TX, is on a rollercoaster ride. The average rent price in Stephenville, TX, is $1,315.00. Indeed, when looking to rent in Stephenville, TX, you can expect to pay as little as $540.00 or as much as $2,230.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Stephenville, 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.
Stephenville is located in Erath, Texas, with an estimated municipal population of 21,247 residents. All of the best foreclosed homes for sale in Stephenville are located in the following zip code areas on Foreclosure.com: 76401 76402. The estimated population per square kilometer (.62 miles) in Stephenville is 690.
So, about how much do homes cost in Stephenville? The most recent median value of resident-owned homes in Stephenville is 141,921. An estimated 43.6 percent of households in Stephenville own their homes, with an average family size of 3.63. The median household income in Stephenville is 47,161, with20 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Stephenville, the median commute time of resident workers (in minutes) is 14.6. And last, but certainly not least, are you looking for homes to rent in Stephenville? If so, the average rent price paid by renters in Stephenville is 926, 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 Stephenville, 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 Stephenville is 24.6, split between 46.1 percent male versus 53.9 female. The percentage of residents who report being married in Stephenville is 36.6, with an average family size of 3.63.
The percentage of residents who report their race in Stephenville is as follows:
| White | 87.3% |
| Black / African American | 3.5% |
| Asian | 1.2% |
| American Indian / Alaskan Native | 3.3% |
| Native Hawaiian / Other Pacifc Islander | 0.1% |
| Multi-racial | 1.1% |
| Other | 3.6% |
Looking for family-friendly neighborhoods in and/or near Stephenville? Or maybe you are searching for 55+ active adult communities in and/or near Stephenville?
The percentage of residents who report their age in Stephenville is as follows:
| Under 10 | 10.3% |
| Aged 10-19 | 17.2% |
| 20s | 30.3% |
| 30s | 10% |
| 40s | 8.3% |
| 50s | 9.3% |
| 60s | 7.6% |
| 70s | 3.2% |
| 80+ | 3.9% |
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 Stephenville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Stephenville.
How do you know that living in -- or moving to -- Stephenville is right where you need to be? Perhaps you grew up in Stephenville or already live nearby; therefore, the decision to buy a home in Stephenville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Stephenville 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 Stephenville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Stephenville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Stephenville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Stephenville, meanwhile, can field multiple offers from more qualified buyers.
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