Grove Hill, AL Foreclosures
How much do homes sell for in Grove Hill, AL?
The average home price is currently $159,498.
In Grove Hill, AL, how many homes are available?
There are currently 23 active home listings available in Grove Hill.
What’s the average rental cost in Grove Hill, AL?
The average rental price in Grove Hill is $949.
What is the most expensive home in Grove Hill?
The most expensive home sold in Grove Hill had a price of $1,120,149.
What is currently the cheapest priced home in Grove Hill, AL?
The cheapest home for sale in Grove Hill is priced at $11,778.
Living in Grove Hill, AL
Grove Hill, Alabama, is a charming small town with a friendly community atmosphere and rich historical roots. The town offers essential amenities, access to beautiful outdoor activities, and a commitment to quality education. Its location provides a perfect blend of rural tranquility with convenience to larger urban centers.
Current Market Conditions in Grove Hill, AL
The real estate market in Grove Hill, AL, is currently experiencing a steady demand, driven by the allure of small-town living combined with affordability. Home prices have shown gradual appreciation, indicating a stable investment environment. The community's appeal, along with new families moving to the area, suggests that the market will continue to grow, particularly for single-family homes.
Current trends show a noticeable increase in first-time homebuyers looking for affordable options in serene neighborhoods. The local market is active, with properties often selling quickly due to a combination of competitive pricing and community amenities that attract buyers.
Home Value Estimator For Grove Hill, AL
There are currently 1,279 real estate properties
in Grove Hill, AL,
with a median automated valuation model (AVM) price
of $133,174.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Grove Hill, 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 Grove Hill, AL,
is $159,498.00, with the most expensive house
in Grove Hill, AL, topping out
at $1,120,149.00 and the cheapest home
in Grove Hill, AL,
clocking in at $11,778.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Grove Hill, AL!
Rent Prices
In Grove Hill, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Grove Hill, AL, is on
a rollercoaster ride. The
average rent price in Grove Hill, AL,
is $949.00. Indeed, when looking to rent in
Grove Hill, AL, you can expect to pay as little
as $520.00 or as much
as $1,840.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Grove Hill, 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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