Dolomite, AL Foreclosures
How much do homes sell for in Dolomite, AL?
The average home price is currently $129,326.
In Dolomite, AL, how many homes are available?
There are currently 73 active home listings available in Dolomite.
What’s the average rental cost in Dolomite, AL?
The average rental price in Dolomite is $1,055.
What is the most expensive home in Dolomite?
The most expensive home sold in Dolomite had a price of $1,233,319.
What is currently the cheapest priced home in Dolomite, AL?
The cheapest home for sale in Dolomite is priced at $10,045.
Living in Dolomite, AL
Dolomite, AL, is a small suburban community just south of Birmingham, offering a serene lifestyle close to city amenities. Known for its affordable homes and family-friendly environment, residents enjoy a variety of local parks and recreational opportunities. With quality schools and easy access to major highways, Dolomite is an attractive place for families and professionals.
Current Market Conditions in Dolomite, AL
Currently, the real estate market in Dolomite is showing a balance between buyers and sellers, with property listings experiencing moderate activity. Home prices have shown a steady increase over the last few months driven by demand from families seeking affordable housing options close to Birmingham. The market remains competitive, particularly for homes priced under the median listing price, as buyers are increasingly looking for value in suburban locations.
There has been a noticeable uptick in new construction projects in Dolomite, with developers responding to the growing demand for housing. This trend points to a robust interest in the area, as more families choose Dolomite for its combination of affordability and accessibility to urban amenities.
Home Value Estimator For Dolomite, AL
There are currently 633 real estate properties
in Dolomite, AL,
with a median automated valuation model (AVM) price
of $120,449.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Dolomite, 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 Dolomite, AL,
is $129,326.00, with the most expensive house
in Dolomite, AL, topping out
at $1,233,319.00 and the cheapest home
in Dolomite, AL,
clocking in at $10,045.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Dolomite, AL!
Rent Prices
In Dolomite, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Dolomite, AL, is on
a rollercoaster ride. The
average rent price in Dolomite, AL,
is $1,055.00. Indeed, when looking to rent in
Dolomite, AL, you can expect to pay as little
as $690.00 or as much
as $1,540.00,
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 Dolomite, 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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