October's First-Time Homebuyer Report for Rhome

Rhome is an average-sized city in Texas that has seen a 103.7% increase in population over the last 10 years. It also has a total population of 1,522. Homes in Rhome are relatively new with a median age of 12 years. Topping the list of best schools in the city is Prairie View Elementary School.

Price Range

Homes in Rhome are generally more expensive than others in the state with a median home value of $128,700 and an average list price of $175,100. The Rhome market saw sales remain flat this week with three homes sold over the last 30 days and new listings also remain flat at one.

Typical Dwelling

The typical dwelling in Rhome is a three-bedroom detached home worth about $152,764. To purchase a similar home, a buyer with good credit and a $30,553 cash down payment could obtain a mortgage with a 3.95% interest rate and a $860 monthly payment. The property tax rate is $12.00 per $1,000 of taxable assessed value.

Get started right now by checking out Rhome homes for sale or reviewing Rhome real estate trends.


Data reported through 10/13/2016

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Century 21 Mike Bowman
Snapped 1 home in this area
Updated Living
Snapped 1 home in this area

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