Gadsden, AL Foreclosures
How much do homes sell for in Gadsden, AL?
The average home price is currently $174,191.
In Gadsden, AL, how many homes are available?
There are currently 30 active home listings available in Gadsden.
What’s the average rental cost in Gadsden, AL?
The average rental price in Gadsden is $921.
What is the most expensive home in Gadsden?
The most expensive home sold in Gadsden had a price of $27,275,450.
What is currently the cheapest priced home in Gadsden, AL?
The cheapest home for sale in Gadsden is priced at $7,272.
Living in Gadsden, AL
Gadsden, Alabama, is a charming city with a rich history, nestled along the scenic Coosa River. The area boasts many outdoor recreational opportunities, shopping, and dining experiences, along with affordable housing. With a supportive community and developing economy, Gadsden offers a welcoming environment for families and individuals alike.
Current Market Conditions in Gadsden, AL
The real estate market in Gadsden has shown gradual improvements over the last year, with a steady increase in home values. Demand for housing has increased particularly among first-time home buyers looking for affordable options. Recently, the market has been characterized by a balanced inventory of homes, providing buyers with diverse choices, from historic homes to modern developments.
Overall, there has been a notable uptick in investment from both local and external buyers, leading to continued growth in the area. As Gadsden's economy strengthens, it's expected that property values will continue to rise, making it a favorable market for investors.
Home Value Estimator For Gadsden, AL
There are currently 19,821 real estate properties
in Gadsden, AL,
with a median automated valuation model (AVM) price
of $119,089.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gadsden, 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 Gadsden, AL,
is $174,191.00, with the most expensive house
in Gadsden, AL, topping out
at $27,275,450.00 and the cheapest home
in Gadsden, AL,
clocking in at $7,272.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gadsden, AL!
Rent Prices
In Gadsden, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gadsden, AL, is on
a rollercoaster ride. The
average rent price in Gadsden, AL,
is $921.00. Indeed, when looking to rent in
Gadsden, AL, you can expect to pay as little
as $400.00 or as much
as $2,320.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Gadsden, 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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