There are currently 7,134 real estate properties in Owens Cross Roads, AL, with a median automated valuation model (AVM) price of $358,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Owens Cross Roads, 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 Owens Cross Roads, AL, is $370,385.00, with the most expensive house in Owens Cross Roads, AL, topping out at $3,575,000.00 and the cheapest home in Owens Cross Roads, AL, clocking in at $77,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Owens Cross Roads, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Owens Cross Roads, AL, is on a rollercoaster ride. The average rent price in Owens Cross Roads, AL, is $1,679.00. Indeed, when looking to rent in Owens Cross Roads, AL, you can expect to pay as little as $710.00 or as much as $3,280.00, with the average rent median estimated to be $1,570.00. The good news is that finding an affordable and desirable property to rent in Owens Cross Roads, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Owens Cross Roads, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Owens Cross Roads, AL and much more. Save thousands at closing with home foreclosure listings in Owens Cross Roads, AL — up to 75% off market value!
Owens Cross Roads is located in Madison, Alabama, with an estimated municipal population of 2,129 residents. All of the best foreclosed homes for sale in Owens Cross Roads are located in the following zip code areas on Foreclosure.com: 35763. The estimated population per square kilometer (.62 miles) in Owens Cross Roads is 99.
So, about how much do homes cost in Owens Cross Roads? The most recent median value of resident-owned homes in Owens Cross Roads is 132,590. An estimated 81.4 percent of households in Owens Cross Roads own their homes, with an average family size of 2.89. The median household income in Owens Cross Roads is 63,654, with25.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Owens Cross Roads, the median commute time of resident workers (in minutes) is 28.2. And last, but certainly not least, are you looking for homes to rent in Owens Cross Roads? If so, the average rent price paid by renters in Owens Cross Roads is 816, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Owens Cross Roads, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Owens Cross Roads is 39.6, split between 51.3 percent male versus 48.7 female. The percentage of residents who report being married in Owens Cross Roads is 51.8, with an average family size of 2.89.
The percentage of residents who report their race in Owens Cross Roads is as follows:
|Black / African American||7.7%|
|American Indian / Alaskan Native||1.3%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Owens Cross Roads? Or maybe you are searching for 55+ active adult communities in and/or near Owens Cross Roads?
The percentage of residents who report their age in Owens Cross Roads is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Owens Cross Roads with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Owens Cross Roads.
How do you know that living in -- or moving to -- Owens Cross Roads is right where you need to be? Perhaps you grew up in Owens Cross Roads or already live nearby; therefore, the decision to buy a home in Owens Cross Roads is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Owens Cross Roads for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Owens Cross Roads:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Owens Cross Roads.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Owens Cross Roads can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Owens Cross Roads, meanwhile, can field multiple offers from more qualified buyers.