Living in Grady, AL
Grady, AL is a charming small town that features a tight-knit community, a focus on education, and beautiful outdoor settings. Residents enjoy a relaxed lifestyle with access to numerous recreational opportunities and essential services nearby. Its welcoming atmosphere makes it a great place for families and retirees.
Current Market Conditions in Grady, AL
The real estate market in Grady, AL has shown promising growth in recent years, with increased interest from investors seeking affordable housing options in serene environments. Property values have been steadily rising as demand continues to grow, making it an attractive location for investment.
Current trends indicate that younger families are moving to the area, drawn by its affordability and quality of life. As a result, the demand for rental properties and single-family homes is expected to remain high, presenting valuable opportunities for real estate investors.
Home Value Estimator For Grady, AL
There are currently 637 real estate properties
in Grady, AL,
with a median automated valuation model (AVM) price
of $142,124.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grady, 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 Grady, AL,
is $193,094.00, with the most expensive house
in Grady, AL, topping out
at $1,034,883.00 and the cheapest home
in Grady, AL,
clocking in at $10,163.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grady, AL!
Rent Prices
In Grady, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grady, AL, is on
a rollercoaster ride. The
average rent price in Grady, AL,
is $901.00. Indeed, when looking to rent in
Grady, AL, you can expect to pay as little
as $520.00 or as much
as $1,890.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Grady, 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.