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Multi-family Foreclosures in Fort Payne, AL

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Fort Payne, AL Foreclosures

How much do homes sell for in Fort Payne, AL?
The average home price is currently $217,310.
What’s the average rental cost in Fort Payne, AL?
The average rental price in Fort Payne is $1,017.
What is the most expensive home in Fort Payne?
The most expensive home sold in Fort Payne had a price of $4,529,800.
What is currently the cheapest priced home in Fort Payne, AL?
The cheapest home for sale in Fort Payne is priced at $12,090.

Living in Fort Payne, AL

Fort Payne, AL is a charming town that combines natural beauty with friendly community living. Known for its historical significance and affordable living, the town offers great opportunities for both investors and families. With excellent schools and a strong sense of community, Fort Payne is an attractive location for real estate investment.

Current Market Conditions in Fort Payne, AL

The real estate market in Fort Payne is currently experiencing a stable growth trend, making it an appealing area for potential investors. Home prices remain relatively affordable compared to larger cities, attracting a steady flow of buyers.

Recent developments in the area, including new businesses and infrastructure improvements, have positively impacted property values, suggesting an upward trend for future investments in residential and commercial real estate.

Home Value Estimator For Fort Payne, AL

There are currently 6,096 real estate properties in Fort Payne, AL, with a median automated valuation model (AVM) price of $183,759.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Payne, 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 Fort Payne, AL, is $217,310.00, with the most expensive house in Fort Payne, AL, topping out at $4,529,800.00 and the cheapest home in Fort Payne, AL, clocking in at $12,090.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Payne, AL!

Rent Prices In Fort Payne, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Payne, AL, is on a rollercoaster ride. The average rent price in Fort Payne, AL, is $1,017.00. Indeed, when looking to rent in Fort Payne, AL, you can expect to pay as little as $520.00 or as much as $2,340.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Fort Payne, 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.

Fort Payne, AL Multi-family Homes


Market Trend for Fort Payne, AL

Total Listings Available: 0

Market Values:

Home Prices from $12,090 to $4,529,800

Average Sales Price: $217,310

Rental Values:

Rental from $520 to $2,340

Average Rent Value: $1,017 / month

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