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Multi-family Foreclosures in Chatom, AL

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Chatom, AL Foreclosures

How much do homes sell for in Chatom, AL?
The average home price is currently $163,373.
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 $995,304.
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, AL, is a quaint town that harmonizes historic charm with modern conveniences. Nestled in a picturesque area, the town offers ample recreational options and community activities. With accessible local amenities and a welcoming community, Chatom is an ideal location for families and investors seeking peaceful living with a touch of Southern hospitality.

Current Market Conditions in Chatom, AL

The real estate market in Chatom is currently showing signs of stability, with a mix of traditional homes and unique properties attracting both buyers and investors. Although home prices are generally affordable, there has been a steady increase in demand as more people look for tranquil living outside bustling cities.

Speculative trends indicate a further growth in property values, driven by Chatom's appeal to retirees and families seeking a slower pace of life. This makes investing in real estate in this area potentially lucrative as the community continues to develop.

Home Value Estimator For Chatom, AL

There are currently 601 real estate properties in Chatom, AL, with a median automated valuation model (AVM) price of $144,016.00. 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 $163,373.00, with the most expensive house in Chatom, AL, topping out at $995,304.00 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 Multi-family Homes


Market Trend for Chatom, AL

Total Listings Available: 0

Market Values:

Home Prices from $26,470 to $995,304

Average Sales Price: $163,373

Rental Values:

Rental from $650 to $1,900

Average Rent Value: $1,031 / month

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