504 S Main ST, Thrall TX 76578

Based on 7 closed sales in OIL CITY, the data points to a value around $377,636 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $434,000 to $503,000. This home's position in the current OIL CITY market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 355 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.33 acres versus 2.19 for the typical comp. 3 similar homes are currently available in OIL CITY, creating a buyer's market for this price range. Market data shows 76578 prices fallen 14.8% over the last half year. The closest comparable sale, 418 S Main ST, Thrall TX 76578 at an adjusted $434,317, is with a larger floor plan. 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