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Foreclosures in Elmore, AL

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Elmore, AL Foreclosures

How much do homes sell for in Elmore, AL?
The average home price is currently $243,855.
In Elmore, AL, how many homes are available?
There are currently 2 active home listings available in Elmore.
What’s the average rental cost in Elmore, AL?
The average rental price in Elmore is $1,277.
What is the most expensive home in Elmore?
The most expensive home sold in Elmore had a price of $2,437,810.
What is currently the cheapest priced home in Elmore, AL?
The cheapest home for sale in Elmore is priced at $14,651.

Living in Elmore, AL

Elmore, AL, is a charming small town known for its Southern hospitality and close connection to nature with the nearby Lake Martin. It offers a peaceful lifestyle, friendly neighborhoods, and quality education, making it ideal for families and retirees alike.

Current Market Conditions in Elmore, AL

Currently, Elmore's real estate market is experiencing steady growth, with increasing demand for single-family homes, especially those located near the waterfront areas. The combination of affordability and scenic views makes Elmore an attractive choice for potential home buyers.

Recently, the market has seen a rise in home values, reflecting a broader trend of urban-to-rural migration, with more individuals and families seeking quieter, suburban living. This trend is expected to continue as people look for more space and outdoor amenities.

Home Value Estimator For Elmore, AL

There are currently 1,306 real estate properties in Elmore, AL, with a median automated valuation model (AVM) price of $238,304.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elmore, 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 Elmore, AL, is $243,855.00, with the most expensive house in Elmore, AL, topping out at $2,437,810.00 and the cheapest home in Elmore, AL, clocking in at $14,651.00. In other words, there’s something for every potential homebuyer or savvy investor in Elmore, AL!

Rent Prices In Elmore, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elmore, AL, is on a rollercoaster ride. The average rent price in Elmore, AL, is $1,277.00. Indeed, when looking to rent in Elmore, AL, you can expect to pay as little as $670.00 or as much as $2,210.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Elmore, 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.

Elmore, AL Foreclosures

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