Anderson, AL Foreclosures
How much do homes sell for in Anderson, AL?
The average home price is currently $272,660.
In Anderson, AL, how many homes are available?
There are currently 6 active home listings available in Anderson.
What’s the average rental cost in Anderson, AL?
The average rental price in Anderson is $1,076.
What is the most expensive home in Anderson?
The most expensive home sold in Anderson had a price of $2,512,010.
What is currently the cheapest priced home in Anderson, AL?
The cheapest home for sale in Anderson is priced at $18,700.
Living in Anderson, AL
Anderson, Alabama is a charming small town that embodies Southern hospitality. With a close-knit community, beautiful parks, and outdoor recreational options, it offers a peaceful lifestyle. The town features local businesses and quality schools, making it an ideal place for families and retirees alike.
Current Market Conditions in Anderson, AL
The real estate market in Anderson remains stable, with a slight upward tendency noted in home values over the past few years. The demand for single-family homes is particularly strong, fueled by an influx of families and retirees seeking the charm of small-town living combined with modern conveniences.
As of late 2023, the market has begun to see more favorable conditions for buyers, with a gradual increase in homes for sale, leading to more choices for prospective homeowners. However, properties that are well-maintained still see multiple offers, indicating a competitive market.
Home Value Estimator For Anderson, AL
There are currently 786 real estate properties
in Anderson, AL,
with a median automated valuation model (AVM) price
of $201,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Anderson, 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 Anderson, AL,
is $272,660.00, with the most expensive house
in Anderson, AL, topping out
at $2,512,010.00 and the cheapest home
in Anderson, AL,
clocking in at $18,700.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Anderson, AL!
Rent Prices
In Anderson, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Anderson, AL, is on
a rollercoaster ride. The
average rent price in Anderson, AL,
is $1,076.00. Indeed, when looking to rent in
Anderson, AL, you can expect to pay as little
as $520.00 or as much
as $1,930.00,
with the average rent median estimated to
be $1,050.00. The good news is that finding
an affordable and desirable property to rent in Anderson, 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
