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Preforeclosure Homes in Dothan, AL 36301

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Living in Dothan, AL

Dothan, AL, is a vibrant city known for its agricultural background and community spirit. With affordable living, good schools, and ample recreational activities, it's an excellent choice for families and retirees. The city offers a range of amenities and a warm southern climate, making it a perfect place to call home.

Current Market Conditions in Dothan, AL

Dothan's real estate market is currently experiencing a steady growth trend, with home sales showing an upward trajectory. Inventory levels remain relatively low, which has led to increased competition among buyers and rising home prices. The demand for properties in Dothan is partly fueled by its attractive living conditions and affordability compared to neighboring areas.

The market remains active, with various property types from affordable homes to more upscale listings catering to different buyer demographics. As the economy continues to recover, analysts predict a sustained demand for housing in Dothan, supporting ongoing price increases.

Home Value Estimator For Dothan, AL

There are currently 26,474 real estate properties in Dothan, AL, with a median automated valuation model (AVM) price of $187,892.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dothan, 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 Dothan, AL, is $225,197.00, with the most expensive house in Dothan, AL, topping out at $39,421,378.00 and the cheapest home in Dothan, AL, clocking in at $10,316.00. In other words, there’s something for every potential homebuyer or savvy investor in Dothan, AL!

Rent Prices In Dothan, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dothan, AL, is on a rollercoaster ride. The average rent price in Dothan, AL, is $1,018.00. Indeed, when looking to rent in Dothan, AL, you can expect to pay as little as $400.00 or as much as $3,260.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Dothan, 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.

Dothan, AL 36301 Preforeclosure Homes


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