Millry, AL Foreclosures
How much do homes sell for in Millry, AL?
The average home price is currently $149,245.
What’s the average rental cost in Millry, AL?
The average rental price in Millry is $963.
What is the most expensive home in Millry?
The most expensive home sold in Millry had a price of $807,481.
What is currently the cheapest priced home in Millry, AL?
The cheapest home for sale in Millry is priced at $18,527.
Living in Millry, AL
Millry, Alabama is a quaint and welcoming small town known for its tight-knit community and peaceful atmosphere. It boasts local amenities, outdoor activities, and a solid educational system. With a charming rural setting, residents enjoy a slower pace of life, making Millry a great place for families and individuals alike.
Current Market Conditions in Millry, AL
The real estate market in Millry is characterized by affordability and a diverse selection of homes. As of now, there has been a steady interest in homes within the area, drawing in buyers looking for quieter living spaces outside large urban centers. While prices remain reasonable, the market is seeing an upward trend as more people value the benefits of small-town life.
Recent developments indicate a mild increase in home prices, driven by new families and retirees moving to the area for its tranquility and community feel. Investors are taking note of Millry's growing appeal, with slight increases in properties being listed and sold. Overall, the market remains competitive but still offers opportunities for buyers.
Home Value Estimator For Millry, AL
There are currently 995 real estate properties
in Millry, AL,
with a median automated valuation model (AVM) price
of $129,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Millry, 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 Millry, AL,
is $149,245.00, with the most expensive house
in Millry, AL, topping out
at $807,481.00 and the cheapest home
in Millry, AL,
clocking in at $18,527.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Millry, AL!
Rent Prices
In Millry, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Millry, AL, is on
a rollercoaster ride. The
average rent price in Millry, AL,
is $963.00. Indeed, when looking to rent in
Millry, AL, you can expect to pay as little
as $600.00 or as much
as $1,940.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Millry, 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
