Gainesville, AL Foreclosures
How much do homes sell for in Gainesville, AL?
The average home price is currently $112,768.
In Gainesville, AL, how many homes are available?
There are currently 2 active home listings available in Gainesville.
What’s the average rental cost in Gainesville, AL?
The average rental price in Gainesville is $834.
What is the most expensive home in Gainesville?
The most expensive home sold in Gainesville had a price of $648,019.
What is currently the cheapest priced home in Gainesville, AL?
The cheapest home for sale in Gainesville is priced at $48,127.
Living in Gainesville, AL
Gainesville, AL, is a charming small city known for its peaceful atmosphere and natural beauty. With a friendly community and access to recreational activities, it's an ideal location for families or anyone looking to escape the hustle and bustle of larger cities. The area offers essential amenities, local events, quality education, and outdoor adventures.
Current Market Conditions in Gainesville, AL
The real estate market in Gainesville has experienced a steady increase in demand over the past few months, largely due to the area’s appeal for families and retirees. Homes in the region remain affordable compared to neighboring areas, making it a desirable location for first-time buyers. The market is characterized by moderate sales activity, but there is potential for growth as more people discover the charm of Gainesville.
As the economy recovers and job opportunities expand in the surrounding areas, Gainesville is poised for an influx of new residents. This trend is expected to put upward pressure on home prices in the coming months as inventory remains limited despite increasing interest.
Home Value Estimator For Gainesville, AL
There are currently 28 real estate properties
in Gainesville, AL,
with a median automated valuation model (AVM) price
of $81,207.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gainesville, 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 Gainesville, AL,
is $112,768.00, with the most expensive house
in Gainesville, AL, topping out
at $648,019.00 and the cheapest home
in Gainesville, AL,
clocking in at $48,127.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gainesville, AL!
Rent Prices
In Gainesville, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gainesville, AL, is on
a rollercoaster ride. The
average rent price in Gainesville, AL,
is $834.00. Indeed, when looking to rent in
Gainesville, AL, you can expect to pay as little
as $620.00 or as much
as $1,170.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Gainesville, 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
