Gordo, AL Foreclosures
How much do homes sell for in Gordo, AL?
The average home price is currently $190,568.
What’s the average rental cost in Gordo, AL?
The average rental price in Gordo is $996.
What is the most expensive home in Gordo?
The most expensive home sold in Gordo had a price of $1,536,103.
What is currently the cheapest priced home in Gordo, AL?
The cheapest home for sale in Gordo is priced at $10,126.
Living in Gordo, AL
Gordo, Alabama, is a quaint small town known for its friendly community and serene environment. It offers local amenities, parks, and educational opportunities that make it ideal for families. With its picturesque surroundings, Gordo blends rural charm with convenience.
Current Market Conditions in Gordo, AL
The real estate market in Gordo currently exhibits a balanced outlook, with modest fluctuations in home prices over the past few months. The demand for homes remains stable, as buyers seek the charm of small-town living. As families and individuals recognize the value of quieter surroundings, the market is seeing a consistent turnover of listings, making it attractive for both buyers and sellers alike.
With ongoing development initiatives and community events, Gordo's appeal continues to grow, indicating a positive trajectory for the real estate market. Predominantly single-family homes characterize the area, making it suitable for families, retirees, and first-time buyers.
Home Value Estimator For Gordo, AL
There are currently 1,633 real estate properties
in Gordo, AL,
with a median automated valuation model (AVM) price
of $165,738.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Gordo, 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 Gordo, AL,
is $190,568.00, with the most expensive house
in Gordo, AL, topping out
at $1,536,103.00 and the cheapest home
in Gordo, AL,
clocking in at $10,126.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Gordo, AL!
Rent Prices
In Gordo, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Gordo, AL, is on
a rollercoaster ride. The
average rent price in Gordo, AL,
is $996.00. Indeed, when looking to rent in
Gordo, AL, you can expect to pay as little
as $550.00 or as much
as $1,840.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Gordo, 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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