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Auctions in Auburn, AL

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Living in Auburn, AL

Auburn, AL, is a dynamic college town anchored by Auburn University, offering a perfect blend of lively culture, outdoor activities, and community pride. Residents can enjoy a plethora of amenities, recreational parks, and a strong educational system. The local economy is robust, making it an attractive place for families and professionals.

Current Market Conditions in Auburn, AL

The Auburn real estate market is currently experiencing a steady increase in home values due to the presence of the university and ongoing demand from both families and investors. With a diverse range of properties available, buyers can find everything from historic homes to modern developments in this bustling town.

Recently, the market has shown signs of benefiting from a growing population, driven by the university's expansion and local businesses. The average price of homes has edged up slightly over the last several months, reflecting a competitive environment for buyers, especially around the school year, which tends to see increased activity.

Home Value Estimator For Auburn, AL

There are currently 17,539 real estate properties in Auburn, AL, with a median automated valuation model (AVM) price of $366,402.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Auburn, 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 Auburn, AL, is $431,310.00, with the most expensive house in Auburn, AL, topping out at $13,486,988.00 and the cheapest home in Auburn, AL, clocking in at $14,909.00. In other words, there’s something for every potential homebuyer or savvy investor in Auburn, AL!

Rent Prices In Auburn, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Auburn, AL, is on a rollercoaster ride. The average rent price in Auburn, AL, is $1,339.00. Indeed, when looking to rent in Auburn, AL, you can expect to pay as little as $470.00 or as much as $3,200.00, with the average rent median estimated to be $1,270.00. The good news is that finding an affordable and desirable property to rent in Auburn, 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.

Auburn, AL Auctions


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