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Rent To Own Homes in Black, AL

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Black, AL Foreclosures

How much do homes sell for in Black, AL?
The average home price is currently $243,088.
In Black, AL, how many homes are available?
There are currently 3 active home listings available in Black.
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 $2,364,500.
What is currently the cheapest priced home in Black, AL?
The cheapest home for sale in Black is priced at $33,434.

Living in Black, AL

Black, Alabama is a quaint town that provides a serene living environment surrounded by nature. With its rural charm and community-oriented atmosphere, it offers a perfect escape for families and individuals alike. Residents benefit from easy access to outdoor recreation and essential amenities just a short drive away.

Current Market Conditions in Black, AL

The real estate market in Black has shown a steady appreciation over the past year, with an increasing demand for homes as more people seek a quiet lifestyle away from urban areas. Listings are selling quicker than ever, particularly those with land, as buyers prioritize space and privacy.

While prices have risen, the overall affordability in Black compared to nearby larger cities remains attractive for new homebuyers. The market is currently favored towards sellers, with limited inventory prompting competitive offers.

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 $192,176.00. 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 $243,088.00, with the most expensive house in Black, AL, topping out at $2,364,500.00 and the cheapest home in Black, AL, clocking in at $33,434.00. 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.

Black, AL Rent To Own Homes

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