Living in Akron, AL
Akron, AL, is a peaceful small town that offers a friendly community atmosphere with a strong sense of family values. Surrounded by natural beauty, it provides ample recreational opportunities and convenient access to urban amenities. Whether you enjoy a quiet life or seek engaging activities, Akron has something to offer for everyone.
Current Market Conditions in Akron, AL
The Akron real estate market has recently shown signs of stability, with home prices generally holding steady over the past few months. New listings are receiving attention, suggesting a healthy buyer interest in the area, particularly among first-time homebuyers. Although the inventory remains somewhat limited, homes in Akron are still seen as affordable options compared to larger Alabama cities.
There is a growing trend in the market towards renovated older homes, with buyers showing a preference for character-filled properties that have modern updates. This trend is likely to continue as more families move into the area seeking a peaceful place to reside with a sense of community.
Home Value Estimator For Akron, AL
There are currently 236 real estate properties
in Akron, AL,
with a median automated valuation model (AVM) price
of $144,005.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Akron, 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 Akron, AL,
is $179,559.00, with the most expensive house
in Akron, AL, topping out
at $676,825.00 and the cheapest home
in Akron, AL,
clocking in at $19,617.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Akron, AL!
Rent Prices
In Akron, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Akron, AL, is on
a rollercoaster ride. The
average rent price in Akron, AL,
is $899.00. Indeed, when looking to rent in
Akron, AL, you can expect to pay as little
as $530.00 or as much
as $1,660.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Akron, 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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