Grand Bay, AL Foreclosures
How much do homes sell for in Grand Bay, AL?
The average home price is currently $199,448.
In Grand Bay, AL, how many homes are available?
There are currently 86 active home listings available in Grand Bay.
What’s the average rental cost in Grand Bay, AL?
The average rental price in Grand Bay is $1,126.
What is the most expensive home in Grand Bay?
The most expensive home sold in Grand Bay had a price of $35,184,600.
What is currently the cheapest priced home in Grand Bay, AL?
The cheapest home for sale in Grand Bay is priced at $9,615.
Living in Grand Bay, AL
Grand Bay, Alabama, is a quaint town that offers a serene lifestyle with easy access to urban conveniences. Known for its friendly community and great schools, it provides a variety of outdoor activities and essential amenities. Residents enjoy a mix of rural charm and modern conveniences, making it an attractive location for families and retirees.
Current Market Conditions in Grand Bay, AL
The real estate market in Grand Bay, AL, has seen a steady increase in activity over the past few months. The number of homes on the market is gradually rising, giving buyers more options, while homes that are priced correctly are going under contract quickly. This suggests a balanced market where both buyers and sellers can find opportunities. In addition, the town’s affordability compared to nearby Mobile is attracting interest from those looking to relocate from more urban areas.
Currently, the demand for housing in Grand Bay is strong, with properties receiving multiple offers and selling close to the asking prices. The average time on the market has decreased, indicating a competitive environment. More families are moving to the area due to its excellent schools and community feel.
Home Value Estimator For Grand Bay, AL
There are currently 6,096 real estate properties
in Grand Bay, AL,
with a median automated valuation model (AVM) price
of $167,246.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grand Bay, 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 Grand Bay, AL,
is $199,448.00, with the most expensive house
in Grand Bay, AL, topping out
at $35,184,600.00 and the cheapest home
in Grand Bay, AL,
clocking in at $9,615.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grand Bay, AL!
Rent Prices
In Grand Bay, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grand Bay, AL, is on
a rollercoaster ride. The
average rent price in Grand Bay, AL,
is $1,126.00. Indeed, when looking to rent in
Grand Bay, AL, you can expect to pay as little
as $580.00 or as much
as $2,960.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Grand Bay, 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.
Learn more on Foreclosure homes
