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Foreclosure Homes in Chatom, AL

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Chatom, AL Foreclosures

Current Market Conditions in in Chatom, AL As of March 2026?
In the past month, Chatom has experienced a slight uptick in interest from home buyers, attributed to favorable interest rates and the continued search for affordable living spaces outside crowded cities. However, the market remains somewhat slow, with only a few new homes entering the market, leading to limited options for potential buyers.
How much do homes sell for in Chatom, AL?
The average home price is currently $175,141.
In Chatom, AL, how many homes are available?
There are currently 3 active home listings available in Chatom.
What’s the average rental cost in Chatom, AL?
The average rental price in Chatom is $1,031.
What is the most expensive home in Chatom?
The most expensive home sold in Chatom had a price of $1,072,460.
What is currently the cheapest priced home in Chatom, AL?
The cheapest home for sale in Chatom is priced at $26,470.

Living in Chatom, AL

Chatom, Alabama, is a charming small town known for its strong community spirit and serene surroundings. Residents enjoy a peaceful lifestyle with access to outdoor activities and local amenities. With a good educational system and close-knit neighborhoods, Chatom is perfect for families and retirees alike.

Buyer vs Seller Market in Chatom, AL

The real estate market in Chatom remains stable with a mix of single-family homes and properties available for potential buyers. The area has seen a steady interest from families looking for affordable housing in a tranquil environment. Many homes reflect classic Southern architecture, adding to the town's charm.

Current trends indicate a gradual growth in property values, primarily due to the influx of new families relocating from urban areas. The town's appeal as a peaceful living destination is fostering demand, but listings often stay on the market longer than in more metropolitan areas.

Home Value Estimator For Chatom, AL

There are currently 706 real estate properties in Chatom, AL, with a median automated valuation model (AVM) price of $153,437.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chatom, 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 Chatom, AL, is $175,141.00, with the most expensive house in Chatom, AL, topping out at $1,072,460.00 and the cheapest home in Chatom, AL, clocking in at $26,470.00. In other words, there’s something for every potential homebuyer or savvy investor in Chatom, AL!

Rent Prices In Chatom, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chatom, AL, is on a rollercoaster ride. The average rent price in Chatom, AL, is $1,031.00. Indeed, when looking to rent in Chatom, AL, you can expect to pay as little as $650.00 or as much as $1,900.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Chatom, 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.

Chatom, AL Foreclosures


Market Trend for Chatom, AL

Total Listings Available: 3

Market Values:

Home Prices from $26,470 to $1,072,460

Average Sales Price: $175,141

Rental Values:

Rental from $650 to $1,900

Average Rent Value: $1,031 / month

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