Detroit, AL Foreclosures
Current Market Conditions in in Detroit, AL As of January 2026?
Over the last month, the real estate market in Detroit has seen a slight increase in activity, with a few more homes being listed than usual. This uptick could be attributed to a seasonal trend where families are looking to purchase homes before the school year begins. However, the overall prices have remained steady, making it an opportune moment for buyers looking to invest in a home in the area.
How much do homes sell for in Detroit, AL?
The average home price is currently $158,824.
In Detroit, AL, how many homes are available?
There are currently 3 active home listings available in Detroit.
What’s the average rental cost in Detroit, AL?
The average rental price in Detroit is $946.
What is the most expensive home in Detroit?
The most expensive home sold in Detroit had a price of $829,831.
What is currently the cheapest priced home in Detroit, AL?
The cheapest home for sale in Detroit is priced at $13,736.
Living in Detroit, AL
Detroit, AL, is a quaint town with a vibrant community spirit and access to outdoor activities. Known for its friendly residents and peaceful atmosphere, Detroit offers a mix of rural charm and essential amenities for families and individuals looking for a slower pace of life.
Buyer vs Seller Market in Detroit, AL
The real estate market in Detroit, Alabama is currently stable with a modest growth trend. With an increase in interest from buyers seeking affordable housing options, homes are selling slightly faster than in previous years. Over the past few months, there has been a noticeable uptick in inquiries from families and individuals looking to relocate to the area, driven by low home prices and a community-focused lifestyle.
Despite the broader economic fluctuations, Detroit has maintained its appeal due to the unique qualities of the town. The market is characterized by a balance of affordable listings and a few higher-end properties, appealing to a diverse range of buyers from first-time homeowners to retirees.
Home Value Estimator For Detroit, AL
There are currently 312 real estate properties
in Detroit, AL,
with a median automated valuation model (AVM) price
of $130,023.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Detroit, 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 Detroit, AL,
is $158,824.00, with the most expensive house
in Detroit, AL, topping out
at $829,831.00 and the cheapest home
in Detroit, AL,
clocking in at $13,736.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Detroit, AL!
Rent Prices
In Detroit, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Detroit, AL, is on
a rollercoaster ride. The
average rent price in Detroit, AL,
is $946.00. Indeed, when looking to rent in
Detroit, AL, you can expect to pay as little
as $520.00 or as much
as $1,920.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Detroit, 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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