Athens, AL Foreclosures
How much do homes sell for in Athens, AL?
The average home price is currently $310,361.
What’s the average rental cost in Athens, AL?
The average rental price in Athens is $1,140.
What is the most expensive home in Athens?
The most expensive home sold in Athens had a price of $6,696,200.
What is currently the cheapest priced home in Athens, AL?
The cheapest home for sale in Athens is priced at $10,199.
Living in Athens, AL
Athens, Alabama is a vibrant and friendly city known for its historic downtown, beautiful parks, and strong sense of community. It offers a range of amenities and educational opportunities, making it an excellent choice for families and retirees. Residents enjoy a variety of outdoor activities and local events throughout the year.
Current Market Conditions in Athens, AL
Athens, AL has seen a steady increase in real estate interest over the past year, attributed to its desirable location and quality of life. The market is characterized by a mix of single-family homes, townhouses, and some newer developments. As more people are moving to Athens for its affordability and small-town charm, the demand for housing is on the rise, resulting in slow but steady price appreciation.
Inventory in Athens remains relatively low, contributing to a competitive market. New construction projects are underway, which is helping to ease the supply constraints to some extent. Many buyers are attracted to the area due to its proximity to Huntsville, making it a great option for those who work in the larger metropolitan areas yet seek a quieter living environment.
Home Value Estimator For Athens, AL
There are currently 15,395 real estate properties
in Athens, AL,
with a median automated valuation model (AVM) price
of $264,207.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Athens, 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 Athens, AL,
is $310,361.00, with the most expensive house
in Athens, AL, topping out
at $6,696,200.00 and the cheapest home
in Athens, AL,
clocking in at $10,199.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Athens, AL!
Rent Prices
In Athens, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Athens, AL, is on
a rollercoaster ride. The
average rent price in Athens, AL,
is $1,140.00. Indeed, when looking to rent in
Athens, AL, you can expect to pay as little
as $820.00 or as much
as $1,670.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Athens, 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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