January's First-Time Homebuyer Report for Ector

Ector is a smaller-than-average city in Texas with 695 residents. Its population is growing slightly faster than the rest of the state, at a 10-year growth rate of 7.9%. With an ownership ratio of 57.8%, most people in Ector are homeowners. Heading the list of top schools in the city is Ector Elementary School.

Price Range

Homes in Ector are worth a median of $75,900, similar to other parts of Texas. Additionally, the list prices of available homes is currently at an average of $87,479.

Typical Dwelling

A three-bedroom detached home valued around $65,450 is considered a typical dwelling in Ector. If a buyer was looking for a similar home, they would need good credit and a $13,090 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $393 and the property tax rate is $11.52 per $1,000 of taxable assessed value.

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


Data reported through 1/12/2017

Comments:


©2017 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.