Gorman, TX Home Values & Market Trends
Real estate market trends reflect that there have been 8 transactions over the past year in Gorman. The median value for residential home transactions that occurred over the previous year is $128,492. The number of current listings in Gorman is 5, and the percentage of properties for sale in the city is 5.00%. Gorman, TX currently has 1 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 5 properties for sale.
Gorman, TX Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 76454 | $ 199,500 $ 92/sqft |
Housing Market Summary for Gorman, TX
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $169K | $364.7K | 115.81% |
| Median Sold Price | $145.2K | $364.7K | 151.23% |
| Homes For Sale | 2 | 5 | 150.00% |
| Homes Sold | 3 | 1 | -66.67% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Gorman, TX
Browse Homes in Gorman, TX
Gorman home values range from $25,620 to $1,129,604. The median estimated value of a home in Gorman is $128,492. The median list price of a home is 199,500, and the total count of properties in the city is 494.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Gorman, 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 Gorman, 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 OwnedThe median estimated home value of bank owned homes (REO properties) in Gorman, TX ranges from the highest value of $0 in 76454 to the lowest value of $0 in 76454. Bank owned homes and properties account for 0.20% of properties in Gorman, TX. There is 1 zips within Gorman, TX; 76454 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Gorman, TX. Auction homes and other auction properties account for 0% of all properties in Gorman, TX. There is 1 zips within Gorman, 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.
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Guide for Gorman, TX
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