Grimes, AL Foreclosures
How much do homes sell for in Grimes, AL?
The average home price is currently $155,649.
What’s the average rental cost in Grimes, AL?
The average rental price in Grimes is $759.
What is the most expensive home in Grimes?
The most expensive home sold in Grimes had a price of $502,000.
What is currently the cheapest priced home in Grimes, AL?
The cheapest home for sale in Grimes is priced at $17,904.
Living in Grimes, AL
Grimes, Alabama is a peaceful small town with a strong sense of community and a picturesque rural setting. Residents enjoy a family-friendly atmosphere and easy access to outdoor activities. While small in size, Grimes offers charm, tranquility, and the advantages of nearby urban amenities.
Current Market Conditions in Grimes, AL
The real estate market in Grimes, AL has been relatively stable, with properties typically appealing to families and retirees due to the town's friendly atmosphere and rural charm. Homes in the area have shown steady appreciation as more individuals seek refuge from the busier city life, opting for the tranquil and spacious living that Grimes has to offer.
Recently, the demand for homes in Grimes has increased as urban residents search for affordable housing options outside the major metropolitan areas. This trend has further solidified Grimes as a desirable location, and as a result, property values are gradually rising.
Home Value Estimator For Grimes, AL
There are currently 50 real estate properties
in Grimes, AL,
with a median automated valuation model (AVM) price
of $91,759.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grimes, 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 Grimes, AL,
is $155,649.00, with the most expensive house
in Grimes, AL, topping out
at $502,000.00 and the cheapest home
in Grimes, AL,
clocking in at $17,904.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grimes, AL!
Rent Prices
In Grimes, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grimes, AL, is on
a rollercoaster ride. The
average rent price in Grimes, AL,
is $759.00. Indeed, when looking to rent in
Grimes, AL, you can expect to pay as little
as $690.00 or as much
as $980.00,
with the average rent median estimated to
be $720.00. The good news is that finding
an affordable and desirable property to rent in Grimes, 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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