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Foreclosure Auction Homes in Decatur, AL

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Living in Decatur, AL

Decatur, AL is a charming city filled with rich history, recreational opportunities, and a strong sense of community. With various amenities and quality educational institutions, it is suitable for families and professionals. Its convenient location and pleasant climate further enhance its appeal for prospective residents.

Current Market Conditions in Decatur, AL

The real estate market in Decatur is currently experiencing a stable trend, with a balanced inventory of homes for sale and a consistent demand from buyers. Investors will find opportunities in both single-family homes and multi-family units, particularly due to the city's appealing quality of life and affordability compared to neighboring metropolitan areas.

Home prices in Decatur have shown steady growth in the past few years, making it a strategic area for investment. With ongoing developments and enhancements in infrastructure, the area is expected to attract more residents, increasing property values and rental potentials.

Home Value Estimator For Decatur, AL

There are currently 21,134 real estate properties in Decatur, AL, with a median automated valuation model (AVM) price of $207,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Decatur, 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 Decatur, AL, is $240,880.00, with the most expensive house in Decatur, AL, topping out at $13,681,655.00 and the cheapest home in Decatur, AL, clocking in at $10,121.00. In other words, there’s something for every potential homebuyer or savvy investor in Decatur, AL!

Rent Prices In Decatur, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Decatur, AL, is on a rollercoaster ride. The average rent price in Decatur, AL, is $1,070.00. Indeed, when looking to rent in Decatur, AL, you can expect to pay as little as $470.00 or as much as $2,040.00, 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 Decatur, 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.

Decatur, AL Foreclosure Auction Homes


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