Alabama, NY Foreclosures
How much do homes sell for in Alabama, NY?
The average home price is currently $218,244.
What’s the average rental cost in Alabama, NY?
The average rental price in Alabama is $1,326.
What is the most expensive home in Alabama?
The most expensive home sold in Alabama had a price of $1,093,303.
What is currently the cheapest priced home in Alabama, NY?
The cheapest home for sale in Alabama is priced at $24,719.
Living in Alabama, NY
Alabama, NY is a charming rural community known for its scenic landscapes and family-friendly atmosphere. The area features a variety of outdoor recreational activities, along with friendly neighborhoods and strong community ties. It's an ideal location for those seeking a quiet lifestyle with easy access to essential amenities.
Current Market Conditions in Alabama, NY
The current real estate market in Alabama is moderately active, with a mix of traditional homes and newer constructions available. Demand for properties has seen a slight uptick, reflecting a broader trend as more families and individuals seek out rural communities for their affordability and quality of life.
Growth in the local economy, driven by agriculture and a few local businesses, contributes to the stability of property values. Buyers can expect a competitive market, with homes typically receiving multiple offers, particularly during the spring and summer months.
Home Value Estimator For Alabama, NY
There are currently 367 real estate properties
in Alabama, NY,
with a median automated valuation model (AVM) price
of $204,010.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Alabama, NY, 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 Alabama, NY,
is $218,244.00, with the most expensive house
in Alabama, NY, topping out
at $1,093,303.00 and the cheapest home
in Alabama, NY,
clocking in at $24,719.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Alabama, NY!
Rent Prices
In Alabama, NY
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Alabama, NY, is on
a rollercoaster ride. The
average rent price in Alabama, NY,
is $1,326.00. Indeed, when looking to rent in
Alabama, NY, you can expect to pay as little
as $950.00 or as much
as $2,120.00,
with the average rent median estimated to
be $1,330.00. The good news is that finding
an affordable and desirable property to rent in Alabama, NY
-- 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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