Echola, AL Foreclosures
How much do homes sell for in Echola, AL?
The average home price is currently $276,187.
In Echola, AL, how many homes are available?
There are currently 1,304 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 $798,389.
What is currently the cheapest priced home in Echola, AL?
The cheapest home for sale in Echola is priced at $42,725.
Living in Echola, AL
Echola is a charming rural community located in Alabama. Known for its scenic landscapes, it offers a peaceful lifestyle combined with a close-knit community vibe. Residents here enjoy access to outdoor activities, local amenities, and a laid-back pace of life.
Current Market Conditions in Echola, AL
The real estate market in Echola is currently experiencing steady growth, with an influx of families and individuals looking for affordable housing options away from urban centers. The demand for single-family homes has increased, leading to a rise in property values. As more people discover the peaceful living that Echola offers, the market is becoming more competitive, especially for homes with land and amenities.
Additionally, investors are starting to notice Echola's potential as a desirable location for rental properties, which adds another dimension to the local real estate landscape. With its accessible location and overall appeal, Echola is poised for continued growth in the coming years.
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 $212,556.00. 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 $276,187.00, with the most expensive house
in Echola, AL, topping out
at $798,389.00 and the cheapest home
in Echola, AL,
clocking in at $42,725.00. 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
