502 Vernon ST, Thrall TX 76578

Based on 7 closed sales in OIL CITY, the data points to a value around $228,581 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $179,000 to $189,000. Buyers shopping in OIL CITY right now would see this as a well positioned option among 3 comparable homes. At 302 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1940 (60 years older than comps) is factored into the value estimate. The active market in OIL CITY includes 3 comparable homes priced from $153,000 to $1,695,000. Market data shows 76578 prices fallen 13.5% over the last half year. The closest comparable sale, 201 W Eckhart Ave, Thrall TX 76578 at an adjusted $132,015, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus