Mentone, AL Foreclosures
How much do homes sell for in Mentone, AL?
The average home price is currently $319,171.
In Mentone, AL, how many homes are available?
There are currently 1 active home listings available in Mentone.
What’s the average rental cost in Mentone, AL?
The average rental price in Mentone is $1,188.
What is the most expensive home in Mentone?
The most expensive home sold in Mentone had a price of $1,396,837.
What is currently the cheapest priced home in Mentone, AL?
The cheapest home for sale in Mentone is priced at $24,865.
Living in Mentone, AL
Mentone, Alabama is a charming mountain town known for its picturesque views and tranquil lifestyle. Nestled atop Lookout Mountain, it offers residents access to stunning natural beauty and a close-knit community. With its unique shops, cozy cabins, and welcoming atmosphere, Mentone is a perfect place for those seeking serenity and outdoor adventure.
Current Market Conditions in Mentone, AL
The real estate market in Mentone, AL, has shown a steady trend of growth over the past year, with increased interest from buyers seeking vacation homes and permanent residences due to the area's natural beauty and community feel. The demand for homes has driven up property values, and the supply of homes on the market remains relatively low, leading to competitive pricing in certain areas.
Mentone's housing market captures the attention of those looking for affordable getaways, with a blend of vintage cabins and modern homes appealing to a wide array of buyers. Investors are particularly interested in vacation rentals and second-home opportunities, contributing to rising property discussions and transactions.
Home Value Estimator For Mentone, AL
There are currently 774 real estate properties
in Mentone, AL,
with a median automated valuation model (AVM) price
of $277,244.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mentone, 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 Mentone, AL,
is $319,171.00, with the most expensive house
in Mentone, AL, topping out
at $1,396,837.00 and the cheapest home
in Mentone, AL,
clocking in at $24,865.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mentone, AL!
Rent Prices
In Mentone, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mentone, AL, is on
a rollercoaster ride. The
average rent price in Mentone, AL,
is $1,188.00. Indeed, when looking to rent in
Mentone, AL, you can expect to pay as little
as $460.00 or as much
as $2,320.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Mentone, 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
