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Foreclosure Homes in Gordo, AL

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Gordo, AL Foreclosures

How much do homes sell for in Gordo, AL?
The average home price is currently $192,475.
In Gordo, AL, how many homes are available?
There are currently 29 active home listings available in Gordo.
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 $1,141,666.
What is currently the cheapest priced home in Gordo, AL?
The cheapest home for sale in Gordo is priced at $10,208.

Living in Gordo, AL

Gordo, AL, is a quaint, small town offering a peaceful lifestyle surrounded by natural beauty. The community is welcoming with a rich history and modern amenities. Its low cost of living and access to outdoor recreation makes it an appealing choice for families and retirees alike.

Current Market Conditions in Gordo, AL

The current real estate market in Gordo has shown steady growth over the past few years as more individuals seek to escape the hustle and bustle of larger cities. The demand for homes has increased, particularly as remote work options have become more popular, leading to a surge in interest in rural properties.

Historically, Gordo maintains affordable housing prices compared to surrounding areas. The inventory of available homes is slightly low, contributing to a competitive market where buyers often face multiple offers on desirable properties.

Home Value Estimator For Gordo, AL

There are currently 1,475 real estate properties in Gordo, AL, with a median automated valuation model (AVM) price of $170,849.00. 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 $192,475.00, with the most expensive house in Gordo, AL, topping out at $1,141,666.00 and the cheapest home in Gordo, AL, clocking in at $10,208.00. 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.

Gordo, AL Foreclosures


Market Trend for Gordo, AL

Total Listings Available: 29

Market Values:

Home Prices from $10,208 to $1,141,666

Average Sales Price: $192,475

Rental Values:

Rental from $550 to $1,840

Average Rent Value: $996 / month

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