Foreclosure Homes in Auburn, AL

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.

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.