Living in Coaling, AL
Coaling, Alabama, is a quaint and welcoming small town that offers residents a peaceful lifestyle with easy access to the bustling city of Tuscaloosa. Ideal for families, Coaling boasts beautiful landscapes, community-oriented activities, and several local schools. It's a hidden gem in Alabama with a friendly atmosphere and southern charm.
Current Market Conditions in Coaling, AL
Coaling's real estate market has shown steady growth over the past year as more families seek the tranquility of suburban living while remaining close to urban amenities. New residential developments are on the rise, which is helping to increase property values and attract new residents to the area.
The market is currently favoring sellers due to low inventory levels, leading to competitive pricing. Homes are selling quickly, often at or above the asking price, reflecting strong demand. Buyers, however, still have opportunities in this evolving market.
Home Value Estimator For Coaling, AL
There are currently 524 real estate properties
in Coaling, AL,
with a median automated valuation model (AVM) price
of $210,289.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Coaling, 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 Coaling, AL,
is $233,443.00, with the most expensive house
in Coaling, AL, topping out
at $6,606,816.00 and the cheapest home
in Coaling, AL,
clocking in at $10,305.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Coaling, AL!
Rent Prices
In Coaling, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Coaling, AL, is on
a rollercoaster ride. The
average rent price in Coaling, AL,
is $1,079.00. Indeed, when looking to rent in
Coaling, AL, you can expect to pay as little
as $580.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,030.00. The good news is that finding
an affordable and desirable property to rent in Coaling, 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.