October's First-Time Homebuyer Report for Valley Mills

Valley Mills is a small city in Texas with a median income of $38,676 per household. Besides being somewhat affluent, its population is older than others with a median age of 34 years. With a median age of 52 years, homes in Valley Mills tend to be older than most. The best school in the city is Valley Mills High School.

Price Range

Homes in Valley Mills are worth a median of $77,400, similar to other parts of Texas. Additionally, the list prices of available homes is currently at an average of $57,771. The Valley Mills market remains completely quiet as, once again this week, no sales were reported over the previous 30 days. Valley Mills usually averages 0.2 sales per month.

Typical Dwelling

The typical dwelling in Valley Mills is a three-bedroom detached home worth about $46,900. To purchase a similar home, a buyer with good credit and a $9,380 cash down payment could obtain a mortgage with a 3.95% interest rate and a $117 monthly payment. The property tax rate is $11.47 per $1,000 of taxable assessed value.

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


Data reported through 10/13/2016

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