Reasons to Move to Montgomery County, AL
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Montgomery County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Montgomery County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Montgomery County,
Our extensive database in Montgomery County includes 435 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Montgomery County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Montgomery County, AL
How do you know that living in—or moving to— Montgomery County is the right choice for you? Perhaps you grew up in Montgomery County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Montgomery County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Montgomery County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Montgomery County, .
Montgomery, AL Foreclosures
How much do homes sell for in Montgomery, AL?
The average home price is currently $186,686.
In Montgomery, AL, how many homes are available?
There are currently 435 active home listings available in Montgomery.
What’s the average rental cost in Montgomery, AL?
The average rental price in Montgomery is $1,173.
What is the most expensive home in Montgomery?
The most expensive home sold in Montgomery had a price of $54,499,668.
What is currently the cheapest priced home in Montgomery, AL?
The cheapest home for sale in Montgomery is priced at $10,001.
Living in Montgomery, AL
Montgomery, Alabama, is a city steeped in history, known for its pivotal role in the Civil Rights Movement. It features a mix of urban and suburban areas, vibrant neighborhoods, and a variety of cultural and recreational offerings, making it a desirable location for families and professionals alike.
Current Market Conditions in Montgomery, AL
The real estate market in Montgomery is currently experiencing steady growth, with a healthy inventory of homes available for sale. With a median home price lower than the national average, the region appeals to first-time homebuyers and investors alike. The demand for rental properties is also increasing due to its expanding job market and educational institutions.
Home Value Estimator For Montgomery, AL
There are currently 70,563 real estate properties
in Montgomery, AL,
with a median automated valuation model (AVM) price
of $142,678.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Montgomery, 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 Montgomery, AL,
is $186,686.00, with the most expensive house
in Montgomery, AL, topping out
at $54,499,668.00 and the cheapest home
in Montgomery, AL,
clocking in at $10,001.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Montgomery, AL!
Rent Prices
In Montgomery, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Montgomery, AL, is on
a rollercoaster ride. The
average rent price in Montgomery, AL,
is $1,173.00. Indeed, when looking to rent in
Montgomery, AL, you can expect to pay as little
as $450.00 or as much
as $3,640.00,
with the average rent median estimated to
be $1,180.00. The good news is that finding
an affordable and desirable property to rent in Montgomery, 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.
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