Bellamy, AL Foreclosures
How much do homes sell for in Bellamy, AL?
The average home price is currently $54,832.
In Bellamy, AL, how many homes are available?
There are currently 1 active home listings available in Bellamy.
What’s the average rental cost in Bellamy, AL?
The average rental price in Bellamy is $673.
What is the most expensive home in Bellamy?
The most expensive home sold in Bellamy had a price of $198,636.
What is currently the cheapest priced home in Bellamy, AL?
The cheapest home for sale in Bellamy is priced at $43,150.
Living in Bellamy, AL
Bellamy, AL is a quaint rural community known for its scenic beauty and friendly residents. With plenty of outdoor activities and local charm, it’s suitable for families and those seeking a peaceful lifestyle. The area’s strong community spirit and slower pace make it an appealing choice, especially for retirees.
Current Market Conditions in Bellamy, AL
The real estate market in Bellamy, AL, is relatively stable, with a mix of single-family homes and larger properties for sale. Recent trends show a slow but steady appreciation in property values, driven by families moving into the area and retirees seeking tranquility. Inventory remains modest, with demand generally outpacing available homes, creating opportunities for sellers.
In recent years, the market trends have indicated a preference for larger plots of land, as more buyers seek out homes that provide space for gardening and outdoor activities. The guidance provided by local real estate agents reflects a positive outlook for future growth as infrastructure and amenities slowly improve.
Home Value Estimator For Bellamy, AL
There are currently 33 real estate properties
in Bellamy, AL,
with a median automated valuation model (AVM) price
of $50,475.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Bellamy, 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 Bellamy, AL,
is $54,832.00, with the most expensive house
in Bellamy, AL, topping out
at $198,636.00 and the cheapest home
in Bellamy, AL,
clocking in at $43,150.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Bellamy, AL!
Rent Prices
In Bellamy, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Bellamy, AL, is on
a rollercoaster ride. The
average rent price in Bellamy, AL,
is $673.00. Indeed, when looking to rent in
Bellamy, AL, you can expect to pay as little
as $520.00 or as much
as $1,060.00,
with the average rent median estimated to
be $650.00. The good news is that finding
an affordable and desirable property to rent in Bellamy, 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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