Eldridge, AL Foreclosures
How much do homes sell for in Eldridge, AL?
The average home price is currently $161,743.
In Eldridge, AL, how many homes are available?
There are currently 4 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 $1,902,070.
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, Alabama is a small and close-knit community known for its peaceful atmosphere and scenic landscapes. Nestled in the heart of Alabama, it offers a blend of rural charm and convenient access to nearby urban amenities. Residents enjoy a slower pace of life, with opportunities for outdoor activities and community gatherings.
Current Market Conditions in Eldridge, AL
The real estate market in Eldridge, AL, is currently characterized by a stable environment with modest growth in property values over the past year. The area continues to attract buyers interested in affordable housing options, bolstered by the community's relaxed lifestyle and natural beauty. Recently, there has been an uptick in demand for homes, particularly among families and retirees looking to settle in a serene environment.
Average home prices in the Eldridge area remain competitive, with many listings catering to first-time buyers. The market has seen a slight increase in home sales, indicating a growing interest in the local real estate landscape. Investors are also keeping an eye on Eldridge due to its charm and potential for future growth, marking it as a location worthy of consideration for property investment.
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 $132,470.00. 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 $161,743.00, with the most expensive house
in Eldridge, AL, topping out
at $1,902,070.00 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.
Learn more on Foreclosure homes
