Echola, AL Foreclosures
How much do homes sell for in Echola, AL?
The average home price is currently $284,727.
In Echola, AL, how many homes are available?
There are currently 1,293 active home listings available in Echola.
What’s the average rental cost in Echola, AL?
The average rental price in Echola is $1,191.
What is the most expensive home in Echola?
The most expensive home sold in Echola had a price of $776,737.
What is currently the cheapest priced home in Echola, AL?
The cheapest home for sale in Echola is priced at $54,312.
Living in Echola, AL
Echola, Alabama is a charming rural community offering a serene lifestyle away from the crowded city. Known for its picturesque landscapes and tight-knit community, Echola provides a perfect backdrop for outdoor activities while being conveniently close to essential amenities in nearby towns. It’s an ideal place for those seeking peace and nature right outside their door.
Current Market Conditions in Echola, AL
The current real estate market in Echola is characterized by a modest demand for homes due to its peaceful rural setting. Buyers are showing interest in properties that offer larger lots and outdoor space, which are often more affordable compared to urban areas. Recent data indicates a steady appreciation in home values as more people look to invest in rural lifestyles.
Trends suggest a growing acceptance of remote work, attracting professionals seeking larger, more affordable properties with ample outdoor space. As a result, the market is slowly shifting towards favoring sellers, especially as inventory levels remain low.
Home Value Estimator For Echola, AL
There are currently 27 real estate properties
in Echola, AL,
with a median automated valuation model (AVM) price
of $223,018.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Echola, 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 Echola, AL,
is $284,727.00, with the most expensive house
in Echola, AL, topping out
at $776,737.00 and the cheapest home
in Echola, AL,
clocking in at $54,312.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Echola, AL!
Rent Prices
In Echola, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Echola, AL, is on
a rollercoaster ride. The
average rent price in Echola, AL,
is $1,191.00. Indeed, when looking to rent in
Echola, AL, you can expect to pay as little
as $540.00 or as much
as $2,010.00,
with the average rent median estimated to
be $1,100.00. The good news is that finding
an affordable and desirable property to rent in Echola, 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
