Reasons to Move to Baldwin County, AL
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Baldwin County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Baldwin 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 Baldwin County,
Our extensive database in Baldwin County includes 204 preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Baldwin 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 Baldwin County, AL
How do you know that living in—or moving to— Baldwin County is the right choice for you? Perhaps you grew up in Baldwin 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 Baldwin 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 Baldwin 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 Baldwin County, .
Foley, AL Foreclosures
How much do homes sell for in Foley, AL?
The average home price is currently $360,463.
In Foley, AL, how many homes are available?
There are currently 204 active home listings available in Foley.
What’s the average rental cost in Foley, AL?
The average rental price in Foley is $1,206.
What is the most expensive home in Foley?
The most expensive home sold in Foley had a price of $51,294,006.
What is currently the cheapest priced home in Foley, AL?
The cheapest home for sale in Foley is priced at $10,078.
Living in Foley, AL
Foley, Alabama is a charming city that blends southern hospitality with modern amenities. Its rich history, coupled with ample recreational opportunities and proximity to beautiful beaches, makes it an ideal place for families and retirees alike. The community is known for its lively events, stores, and friendly atmosphere, ensuring there's something for everyone.
Current Market Conditions in Foley, AL
The current real estate market in Foley shows a growing trend with increasing home values, reflecting a rise in demand for properties as more people look to relocate to this scenic area. With a mix of single-family homes, townhouses, and condominiums available, the market offers diverse options suitable for various budgets and lifestyle needs.
Investors are increasingly showing interest in Foley due to its booming economy, which is driven by tourism and retail growth. As new developments and commercial projects emerge, the housing market is only expected to become more competitive, further enhancing property values.
Home Value Estimator For Foley, AL
There are currently 16,100 real estate properties
in Foley, AL,
with a median automated valuation model (AVM) price
of $304,065.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Foley, 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 Foley, AL,
is $360,463.00, with the most expensive house
in Foley, AL, topping out
at $51,294,006.00 and the cheapest home
in Foley, AL,
clocking in at $10,078.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Foley, AL!
Rent Prices
In Foley, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Foley, AL, is on
a rollercoaster ride. The
average rent price in Foley, AL,
is $1,206.00. Indeed, when looking to rent in
Foley, AL, you can expect to pay as little
as $560.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Foley, 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
