Mckenzie, AL Foreclosures
How much do homes sell for in Mckenzie, AL?
The average home price is currently $135,522.
What’s the average rental cost in Mckenzie, AL?
The average rental price in Mckenzie is $882.
What is the most expensive home in Mckenzie?
The most expensive home sold in Mckenzie had a price of $823,090.
What is currently the cheapest priced home in Mckenzie, AL?
The cheapest home for sale in Mckenzie is priced at $12,728.
Living in Mckenzie, AL
McKenzie, AL, is a quaint town offering a peaceful rural lifestyle with rich community values. Surrounded by nature, it provides access to parks and outdoor activities. The town features essential amenities, including schools and grocery stores, making it an ideal choice for families and those seeking tranquility.
Current Market Conditions in Mckenzie, AL
The real estate market in McKenzie, AL, has been relatively stable, with a mix of affordable single-family homes and larger estates available. Buyers can find competitive prices along with options for homes with expansive lot sizes, reflecting the area's rural charm.
In recent months, there has been a steady appreciation in property values as more people seek out homes in smaller towns. This trend is partly driven by remote working arrangements allowing individuals to relocate without proximity to their workplaces.
Home Value Estimator For Mckenzie, AL
There are currently 386 real estate properties
in Mckenzie, AL,
with a median automated valuation model (AVM) price
of $118,487.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mckenzie, 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 Mckenzie, AL,
is $135,522.00, with the most expensive house
in Mckenzie, AL, topping out
at $823,090.00 and the cheapest home
in Mckenzie, AL,
clocking in at $12,728.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mckenzie, AL!
Rent Prices
In Mckenzie, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mckenzie, AL, is on
a rollercoaster ride. The
average rent price in Mckenzie, AL,
is $882.00. Indeed, when looking to rent in
Mckenzie, AL, you can expect to pay as little
as $520.00 or as much
as $1,700.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Mckenzie, 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
