Cottondale, AL Foreclosures
How much do homes sell for in Cottondale, AL?
The average home price is currently $258,994.
In Cottondale, AL, how many homes are available?
There are currently 110 active home listings available in Cottondale.
What’s the average rental cost in Cottondale, AL?
The average rental price in Cottondale is $1,076.
What is the most expensive home in Cottondale?
The most expensive home sold in Cottondale had a price of $26,422,811.
What is currently the cheapest priced home in Cottondale, AL?
The cheapest home for sale in Cottondale is priced at $10,063.
Living in Cottondale, AL
Cottondale, AL is a quiet suburb located just outside of Tuscaloosa, providing residents with a peaceful lifestyle while maintaining easy access to city amenities. Known for its welcoming community and outdoor recreational opportunities, Cottondale is an attractive option for families and individuals looking for affordable living. The area features good schools, parks, and a vibrant local culture.
Current Market Conditions in Cottondale, AL
Cottondale's real estate market has remained stable, with properties appreciating steadily over the past year. The demand for homes in this area has been on the rise, particularly as more families and individuals are seeking affordability combined with a community-oriented lifestyle. As a result, buyers are finding opportunities, especially in single-family homes, townhouses, and new developments that are attracting interest due to their proximity to Tuscaloosa.
The inventory of homes for sale has remained low, which is contributing to an increase in home prices. However, there are still affordable options available that cater to first-time homebuyers and investors. With the growth of the local economy and community infrastructure, Cottondale is viewed as a promising location for real estate investment.
Home Value Estimator For Cottondale, AL
There are currently 3,252 real estate properties
in Cottondale, AL,
with a median automated valuation model (AVM) price
of $206,748.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cottondale, 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 Cottondale, AL,
is $258,994.00, with the most expensive house
in Cottondale, AL, topping out
at $26,422,811.00 and the cheapest home
in Cottondale, AL,
clocking in at $10,063.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cottondale, AL!
Rent Prices
In Cottondale, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cottondale, AL, is on
a rollercoaster ride. The
average rent price in Cottondale, AL,
is $1,076.00. Indeed, when looking to rent in
Cottondale, AL, you can expect to pay as little
as $510.00 or as much
as $2,450.00,
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 Cottondale, 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.
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