Monahans, TX Home Values & Market Trends

Real estate market trends reflect that there have been 107 transactions over the past year in Monahans. The median value for residential home transactions that occurred over the previous year is $174,948.71. The number of current listings in Monahans is 21, and the percentage of properties for sale in the city is 21.00%. Monahans, TX currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 21 properties for sale.

Monahans, TX Real Estate Market Overview

ZipMedian Est. Value
79756

$ 301,989

$ 135/sqft

Housing Market Summary for Monahans, TX

Apr 2023March 2024Change
Median Listing Price$265K$264.4K-0.22%
Median Sold Price$256.8K$264.4K2.96%
Homes For Sale192321.05%
Homes Sold183594.44%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Monahans, TX

Monahans home values range from $27,704 to $1,671,047. The median estimated value of a home in Monahans is $174,948.71. The median list price of a home is 265,000, and the total count of properties in the city is 4,035.

Foreclosure
There is 1 zips within Monahans, TX; within this zips, the median estimated home value for homes in foreclosure ranges from $464,013 in 79756 to the lowest value of $464,013 in 79756. Foreclosure homes account for 0.00% of properties in Monahans, TX with 79756 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Monahans, TX with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Monahans, TX; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Monahans, TX ranges from the highest value of $464,013 in 79756 to the lowest value of $464,013 in 79756. Bank owned homes and properties account for 0.02% of properties in Monahans, TX. There is 1 zips within Monahans, TX; 79756 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Monahans, TX. Auction homes and other auction properties account for 0% of all properties in Monahans, TX. There is 1 zips within Monahans, TX; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.52% of residential properties in Monahans, TX with 79756 containing 21 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Monahans, TX; homes for sale in that zips, have a range of median values from $667,621 in 79756 to the lowest value of $58,979 in 79756.
    Sold Homes
    The median value for recently sold homes ranges from $454,871 in 79756 to the lowest price of $37,258 in 79756. There is 1 zips within Monahans, TX. 79756 has 33 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 0.82% of properties in Monahans, TX.

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      Guide for Monahans, TX

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      Foreclosure
      The Pros And Cons Of Buying A Foreclosed Property
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      Home with a messy garden
      The Pros And Cons Of Buying A Foreclosed Property
      Foreclosure|posted 11 August 2023

      Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence

      Upward Trend in Houston’s Real Estate Market: Comprehensive Analysis of 2023-2024 Trends
      New York|posted 27 March 2024

      Between March 2023 and February 2024 the Houston real estate market witnessed a moderate rise in property values with mild fluctuations in the average selling price per sq ft.

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      New York|posted 26 March 2024

      The real estate market in Laredo, Texas, was going up and down last year with fluctuating property values, sale prices, and transaction volumes.

      Irving, TX Real Estate Market Sees Varying Dynamics Amid Fluctuating Property Values in Early 2024
      New York|posted 20 March 2024

      The real estate market in Irving, Texas and nearby cities presents diverse trends, with fluctuations in property values and sales volumes impacting investor attraction.

      Recently Listed Homes Monahans, TX

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