Eldridge, AL Foreclosures
Current Market Conditions in in Eldridge, AL As of February 2026?
Over the past month, Eldridge's real estate market has seen a 2% increase in home prices, reflecting an ongoing trend of high demand versus limited supply. New listings have become available at a steady rate, but they are often met with quick sales due to the interest from buyers wanting to secure homes in this picturesque town. The rental market has remained stable, with slight increases in rental prices too, as demand grows.
How much do homes sell for in Eldridge, AL?
The average home price is currently $160,475.
In Eldridge, AL, how many homes are available?
There are currently 6 active home listings available in Eldridge.
What’s the average rental cost in Eldridge, AL?
The average rental price in Eldridge is $1,055.
What is the most expensive home in Eldridge?
The most expensive home sold in Eldridge had a price of $1,902,993.
What is currently the cheapest priced home in Eldridge, AL?
The cheapest home for sale in Eldridge is priced at $7,960.
Living in Eldridge, AL
Eldridge is a serene small town in Alabama, known for its close-knit community and peaceful living environment. This rural area offers a tranquil lifestyle with beautiful countryside views, making it ideal for those seeking a slower pace. Residents appreciate the accessibility to nearby towns while enjoying the benefits of suburban living.
Buyer vs Seller Market in Eldridge, AL
The real estate market in Eldridge has shown signs of stability, with a slight increase in home prices over the past year as demand remains steady. More families and individuals are looking to move into small towns post-pandemic, as remote work has become more prevalent and people seek larger spaces and quieter environments. Limited inventory remains a challenge, leading to competitive conditions for homebuyers as they seek properties that suit their needs.
Many homes in Eldridge are quaint and character-filled, appealing to buyers drawn to the charm of rural Alabama. Real estate developers are starting to take an interest in the area, signaling potential growth and new opportunities in the market. The rental market is also steady, offering a variety of options for those not yet ready to buy.
Home Value Estimator For Eldridge, AL
There are currently 344 real estate properties
in Eldridge, AL,
with a median automated valuation model (AVM) price
of $131,364.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Eldridge, 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 Eldridge, AL,
is $160,475.00, with the most expensive house
in Eldridge, AL, topping out
at $1,902,993.00 and the cheapest home
in Eldridge, AL,
clocking in at $7,960.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Eldridge, AL!
Rent Prices
In Eldridge, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Eldridge, AL, is on
a rollercoaster ride. The
average rent price in Eldridge, AL,
is $1,055.00. Indeed, when looking to rent in
Eldridge, AL, you can expect to pay as little
as $540.00 or as much
as $1,610.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Eldridge, 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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