Geraldine, AL Foreclosures
How much do homes sell for in Geraldine, AL?
The average home price is currently $213,069.
In Geraldine, AL, how many homes are available?
There are currently 7 active home listings available in Geraldine.
What’s the average rental cost in Geraldine, AL?
The average rental price in Geraldine is $971.
What is the most expensive home in Geraldine?
The most expensive home sold in Geraldine had a price of $6,473,648.
What is currently the cheapest priced home in Geraldine, AL?
The cheapest home for sale in Geraldine is priced at $12,189.
Living in Geraldine, AL
Geraldine, Alabama is a charming small town known for its friendly community, low cost of living, and access to beautiful outdoor areas. It offers a serene lifestyle with ample recreational opportunities and close-knit neighborhood connections. With a focus on education and safety, it’s an ideal location for both families and retirees.
Current Market Conditions in Geraldine, AL
The real estate market in Geraldine, AL has shown stability over the past year, with slight increases in home prices driven by growing demand for affordable housing in the area. New families moving in, attracted by the town's charm and lifestyle, are contributing to a competitive market. Although homes may sell quickly, many listings still offer fantastic value for buyers.
Investment in local infrastructure and community development has led to growing interest in the area, with potential new businesses setting up in the town. This trend is expected to continue, fostering a bullish outlook for future home prices.
Home Value Estimator For Geraldine, AL
There are currently 467 real estate properties
in Geraldine, AL,
with a median automated valuation model (AVM) price
of $162,087.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Geraldine, 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 Geraldine, AL,
is $213,069.00, with the most expensive house
in Geraldine, AL, topping out
at $6,473,648.00 and the cheapest home
in Geraldine, AL,
clocking in at $12,189.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Geraldine, AL!
Rent Prices
In Geraldine, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Geraldine, AL, is on
a rollercoaster ride. The
average rent price in Geraldine, AL,
is $971.00. Indeed, when looking to rent in
Geraldine, AL, you can expect to pay as little
as $550.00 or as much
as $1,940.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Geraldine, 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.