Florala, AL Foreclosures
How much do homes sell for in Florala, AL?
The average home price is currently $178,042.
In Florala, AL, how many homes are available?
There are currently 9 active home listings available in Florala.
What’s the average rental cost in Florala, AL?
The average rental price in Florala is $888.
What is the most expensive home in Florala?
The most expensive home sold in Florala had a price of $1,523,778.
What is currently the cheapest priced home in Florala, AL?
The cheapest home for sale in Florala is priced at $10,129.
Living in Florala, AL
Florala is a charming small town located at the border of Alabama and Florida. Known for its picturesque landscapes and friendly community, it offers a relaxed lifestyle away from the hustle of big cities. Visitors can enjoy the serene beauty of Florala Lake and partake in various outdoor activities that the surrounding natural scenery provides.
Current Market Conditions in Florala, AL
Currently, the real estate market in Florala, AL is experiencing a moderate level of demand. Home prices have steadily increased over the last year, reflecting the area's appeal as an affordable option for homebuyers. With its scenic landscapes and community-oriented atmosphere, real estate opportunities here are attracting both investors and home seekers. Available listings range from small, cozy homes to more expansive properties, catering to diverse buyer preferences.
The market is characterized by a mix of older homes and newly constructed residences, providing options for various budgets. The relatively low inventory has caused price levels to rise, making it a seller's market in many instances. Additionally, real estate professionals in the area note an uptick in interest as remote work remains prevalent and families are looking for serene environments.
Home Value Estimator For Florala, AL
There are currently 1,068 real estate properties
in Florala, AL,
with a median automated valuation model (AVM) price
of $132,711.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Florala, 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 Florala, AL,
is $178,042.00, with the most expensive house
in Florala, AL, topping out
at $1,523,778.00 and the cheapest home
in Florala, AL,
clocking in at $10,129.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Florala, AL!
Rent Prices
In Florala, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Florala, AL, is on
a rollercoaster ride. The
average rent price in Florala, AL,
is $888.00. Indeed, when looking to rent in
Florala, AL, you can expect to pay as little
as $520.00 or as much
as $2,180.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Florala, 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
