Dothan, AL Foreclosures
How much do homes sell for in Dothan, AL?
The average home price is currently $255,239.
In Dothan, AL, how many homes are available?
There are currently 753 active home listings available in Dothan.
What’s the average rental cost in Dothan, AL?
The average rental price in Dothan is $1,018.
What is the most expensive home in Dothan?
The most expensive home sold in Dothan had a price of $57,391,826.
What is currently the cheapest priced home in Dothan, AL?
The cheapest home for sale in Dothan is priced at $10,012.
Living in Dothan, AL
Dothan, AL, offers a unique small-town charm with a vibrant local culture known for its peanut production. The city features a blend of commercial and residential amenities, including shopping, dining, and recreational parks. Its strong emphasis on education and community events makes it an appealing place for families.
Current Market Conditions in Dothan, AL
The real estate market in Dothan, AL, has shown steady growth over the past year, with an increased interest in residential properties due to the appealing lifestyle and affordability. With a burgeoning economy and a low cost of living, many new residents are attracted to the area, driving demand for homes.
As of now, homes in Dothan are moderately priced compared to national averages, making it a favorable market for first-time buyers and investors alike. The market reflects a balance between supply and demand, with properties selling for fair prices and competitive offers being common.
Home Value Estimator For Dothan, AL
There are currently 29,718 real estate properties
in Dothan, AL,
with a median automated valuation model (AVM) price
of $196,449.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in 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 $255,239.00, with the most expensive house
in Dothan, AL, topping out
at $57,391,826.00 and the cheapest home
in Dothan, AL,
clocking in at $10,012.00. 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.
Learn more on Foreclosure homes
