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Alanreed

Learn about the people, housing, costs and businesses in Alanreed, Texas

Median Home$121,600
Median Rent$685/month
Population24
Leading IndustriesInformation & Media · Construction · Agriculture & Mining12% information & media
Home Value Growth⬆⬆+15.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners83% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
Alanreed
TX

Frequently Asked Questions

What are today's mortgage rates in Alanreed?

As of today, the 30-year fixed mortgage rate for Alanreed is approximately 6.998% (7.041% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Alanreed?

The median home value in Alanreed is $122k. The median monthly rent is $685. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Alanreed?

Home values in Alanreed have increased 15.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Alanreed?

Based on a typical all-in ownership cost of $780/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Alanreed is $78k/year.

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What industries drive the economy in Alanreed?

The largest employment sectors in Alanreed are public administration (25%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.