Lillian, AL Foreclosures
How much do homes sell for in Lillian, AL?
The average home price is currently $325,581.
In Lillian, AL, how many homes are available?
There are currently 2 active home listings available in Lillian.
What’s the average rental cost in Lillian, AL?
The average rental price in Lillian is $1,212.
What is the most expensive home in Lillian?
The most expensive home sold in Lillian had a price of $16,026,927.
What is currently the cheapest priced home in Lillian, AL?
The cheapest home for sale in Lillian is priced at $11,193.
Living in Lillian, AL
Lillian, Alabama, is a serene community known for its natural beauty and outdoor activities. Located near Perdido Bay, it offers a relaxed lifestyle while having access to necessary amenities. The close-knit atmosphere and family's friendly events make it a perfect place for those seeking a peaceful living environment without being far from larger towns.
Current Market Conditions in Lillian, AL
The Lillian real estate market has remained stable, with a modest increase in property values over the past year. Homebuyers are attracted to the area for its affordability, lush landscapes, and proximity to the Gulf Coast. As more people discover the charms of this small community, demand continues to grow, but the inventory remains largely consistent, leading to a balanced market overall.
Interest in homes in Lillian has surged recently, with many buyers looking for vacation homes or permanent residences away from the hustle and bustle of the city. As a result, homes are selling faster, and listings are receiving multiple offers, especially those near the waterfront.
Home Value Estimator For Lillian, AL
There are currently 2,554 real estate properties
in Lillian, AL,
with a median automated valuation model (AVM) price
of $276,978.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lillian, AL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lillian, AL,
is $325,581.00, with the most expensive house
in Lillian, AL, topping out
at $16,026,927.00 and the cheapest home
in Lillian, AL,
clocking in at $11,193.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lillian, AL!
Rent Prices
In Lillian, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lillian, AL, is on
a rollercoaster ride. The
average rent price in Lillian, AL,
is $1,212.00. Indeed, when looking to rent in
Lillian, AL, you can expect to pay as little
as $560.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,210.00. The good news is that finding
an affordable and desirable property to rent in Lillian, AL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.