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Preforeclosure Homes in Bessemer, AL 35022

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Bessemer, AL Foreclosures

How much do homes sell for in Bessemer, AL?
The average home price is currently $179,738.
In Bessemer, AL, how many homes are available?
There are currently 23 active home listings available in Bessemer.
What’s the average rental cost in Bessemer, AL?
The average rental price in Bessemer is $1,056.
What is the most expensive home in Bessemer?
The most expensive home sold in Bessemer had a price of $18,733,940.
What is currently the cheapest priced home in Bessemer, AL?
The cheapest home for sale in Bessemer is priced at $10,021.

Living in Bessemer, AL

Bessemer, AL is a thriving city nestled in Jefferson County, known for its strong community ties and vibrant local culture. With a variety of schools, parks, and recreational activities, it is an ideal location for families and professionals alike. Just a short drive from Birmingham, Bessemer combines suburban charm with easy city access.

Current Market Conditions in Bessemer, AL

Currently, Bessemer's real estate market is experiencing a gradual increase in both home prices and sales activity. The demand for housing has seen a rise, largely due to the area's appealing community atmosphere and convenient access to nearby Birmingham and surrounding regions. This growth has led to new developments and renovations of existing homes, making it an exciting time for buyers and investors.

In terms of trends, Bessemer is attracting more first-time homebuyers, especially those looking for affordable housing options. The shifting demographics and a growing population are contributing to a bustling housing market with a mix of new constructions and historical homes.

Home Value Estimator For Bessemer, AL

There are currently 20,915 real estate properties in Bessemer, AL, with a median automated valuation model (AVM) price of $141,479.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Bessemer, 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 Bessemer, AL, is $179,738.00, with the most expensive house in Bessemer, AL, topping out at $18,733,940.00 and the cheapest home in Bessemer, AL, clocking in at $10,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Bessemer, AL!

Rent Prices In Bessemer, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Bessemer, AL, is on a rollercoaster ride. The average rent price in Bessemer, AL, is $1,056.00. Indeed, when looking to rent in Bessemer, AL, you can expect to pay as little as $530.00 or as much as $2,920.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Bessemer, 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.

Bessemer, AL 35022 Preforeclosure Homes

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