Newbern, AL Foreclosures
How much do homes sell for in Newbern, AL?
The average home price is currently $149,372.
In Newbern, AL, how many homes are available?
There are currently 7 active home listings available in Newbern.
What’s the average rental cost in Newbern, AL?
The average rental price in Newbern is $843.
What is the most expensive home in Newbern?
The most expensive home sold in Newbern had a price of $591,774.
What is currently the cheapest priced home in Newbern, AL?
The cheapest home for sale in Newbern is priced at $28,995.
Living in Newbern, AL
Newbern, Alabama is a charming small town that embodies Southern hospitality and community spirit. It offers a peaceful lifestyle with access to beautiful natural landscapes and local amenities. Perfect for families and those seeking a quieter place to live, Newbern provides a unique blend of rural comfort and convenience.
Current Market Conditions in Newbern, AL
The real estate market in Newbern has shown steady growth over the past year, with a slight increase in home values and demand. The area’s appeal as a quiet, friendly town attracts both families and retirees, fueling interest in residential properties. As buyers seek more affordable options away from larger urban centers, Newbern is well-positioned to see continued interest.
Vacant lots and homes for renovation are available at reasonable prices, highlighting potential for investment opportunities. Market awareness has increased with more buyers exploring the area, resulting in quicker sales and competitive bidding situations for desirable properties.
Home Value Estimator For Newbern, AL
There are currently 213 real estate properties
in Newbern, AL,
with a median automated valuation model (AVM) price
of $121,194.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newbern, 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 Newbern, AL,
is $149,372.00, with the most expensive house
in Newbern, AL, topping out
at $591,774.00 and the cheapest home
in Newbern, AL,
clocking in at $28,995.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newbern, AL!
Rent Prices
In Newbern, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newbern, AL, is on
a rollercoaster ride. The
average rent price in Newbern, AL,
is $843.00. Indeed, when looking to rent in
Newbern, AL, you can expect to pay as little
as $520.00 or as much
as $1,660.00,
with the average rent median estimated to
be $800.00. The good news is that finding
an affordable and desirable property to rent in Newbern, 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.
Learn more on Foreclosure homes
