Black, AL Foreclosures
How much do homes sell for in Black, AL?
The average home price is currently $241,399.
What’s the average rental cost in Black, AL?
The average rental price in Black is $959.
What is the most expensive home in Black?
The most expensive home sold in Black had a price of $2,367,900.
What is currently the cheapest priced home in Black, AL?
The cheapest home for sale in Black is priced at $33,374.
Living in Black, AL
Black, Alabama, offers a tranquil lifestyle surrounded by scenic nature. The community is known for its friendly atmosphere and offers essential amenities to residents. Outdoor activities are abundant, with parks and recreational options nearby.
Current Market Conditions in Black, AL
Currently, the real estate market in Black is stable, with modest growth in home values over the last year. The demand for affordable housing has increased as more people seek the quiet charm of rural living. This has led to a slight uptick in house prices, yet they remain competitive compared to larger cities in Alabama.
In Black, buyer interest remains strong for single-family homes due to the area's appealing lifestyle and lower cost of living. Real estate trends suggest that homes are selling quickly, and new listings continue to emerge, catering to those ready for a peaceful environment.
Home Value Estimator For Black, AL
There are currently 158 real estate properties
in Black, AL,
with a median automated valuation model (AVM) price
of $187,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Black, 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 Black, AL,
is $241,399.00, with the most expensive house
in Black, AL, topping out
at $2,367,900.00 and the cheapest home
in Black, AL,
clocking in at $33,374.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Black, AL!
Rent Prices
In Black, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Black, AL, is on
a rollercoaster ride. The
average rent price in Black, AL,
is $959.00. Indeed, when looking to rent in
Black, AL, you can expect to pay as little
as $520.00 or as much
as $1,890.00,
with the average rent median estimated to
be $890.00. The good news is that finding
an affordable and desirable property to rent in Black, 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.
Learn more on Foreclosure homes
