Gainesville, AL Foreclosures
How much do homes sell for in Gainesville, AL?
The average home price is currently $131,266.
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 $936,772.
What is currently the cheapest priced home in Gainesville, AL?
The cheapest home for sale in Gainesville is priced at $43,442.
Living in Gainesville, AL
Gainesville, Alabama is a charming small city located along the Tennessee River, known for its beautiful natural surroundings and friendly community. With a mix of recreational activities, quality education options, and an inviting atmosphere, it's an ideal place for families and outdoor enthusiasts alike. The city provides easy access to essential amenities while maintaining a peaceful, small-town vibe.
Current Market Conditions in Gainesville, AL
Currently, the real estate market in Gainesville is experiencing a balanced condition, characterized by steady demand and a stable supply of homes. The area has seen a mix of both buyers and renters, contributing to a vibrant housing market. Prices have been gradually increasing as more people discover the beauty and charm of this location, making it an attractive option for investment.
There is a growing trend of young families relocating to Gainesville due to its affordable housing options and quality schooling. The popularity of remote work has also led to an influx of individuals looking for more space and a slower lifestyle, putting upward pressure on prices, especially for single-family homes.
Home Value Estimator For Gainesville, AL
There are currently 69 real estate properties
in Gainesville, AL,
with a median automated valuation model (AVM) price
of $88,804.00. 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 $131,266.00, with the most expensive house
in Gainesville, AL, topping out
at $936,772.00 and the cheapest home
in Gainesville, AL,
clocking in at $43,442.00. 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.
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