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Bankruptcy Homes in Alabaster, AL

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Alabaster, AL Foreclosures

How much do homes sell for in Alabaster, AL?
The average home price is currently $303,155.
In Alabaster, AL, how many homes are available?
There are currently 117 active home listings available in Alabaster.
What’s the average rental cost in Alabaster, AL?
The average rental price in Alabaster is $1,369.
What is the most expensive home in Alabaster?
The most expensive home sold in Alabaster had a price of $3,194,136.
What is currently the cheapest priced home in Alabaster, AL?
The cheapest home for sale in Alabaster is priced at $22,409.

Living in Alabaster, AL

Alabaster, Alabama is a burgeoning city famed for its family-friendly atmosphere, vibrant community events, and proximity to Birmingham. It boasts well-regarded schools, ample parks, and a variety of recreational opportunities, making it an attractive place for families and outdoor enthusiasts. The city's charm is complemented by diverse dining and shopping options, enhancing the overall quality of life.

Current Market Conditions in Alabaster, AL

The real estate market in Alabaster has been thriving with an influx of new developments and rising property values. The demand for housing has surged due to its proximity to Birmingham and the attractive suburban lifestyle it offers. Buyers are drawn to the area's affordability and range of amenities, keeping the market dynamic and competitive.

In recent months, there has been a noticeable increase in home sales as families seek better living conditions, particularly driven by the hybrid work environment that allows for greater flexibility. Alabaster's housing inventory is being challenged by this demand, resulting in homes selling faster and often above asking price.

Home Value Estimator For Alabaster, AL

There are currently 8,200 real estate properties in Alabaster, AL, with a median automated valuation model (AVM) price of $288,472.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Alabaster, 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 Alabaster, AL, is $303,155.00, with the most expensive house in Alabaster, AL, topping out at $3,194,136.00 and the cheapest home in Alabaster, AL, clocking in at $22,409.00. In other words, there’s something for every potential homebuyer or savvy investor in Alabaster, AL!

Rent Prices In Alabaster, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Alabaster, AL, is on a rollercoaster ride. The average rent price in Alabaster, AL, is $1,369.00. Indeed, when looking to rent in Alabaster, AL, you can expect to pay as little as $660.00 or as much as $3,460.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Alabaster, 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.

Alabaster, AL Bankruptcy Homes

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