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Rent To Own Homes in Hamilton, AL

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Hamilton, AL Foreclosures

How much do homes sell for in Hamilton, AL?
The average home price is currently $172,202.
In Hamilton, AL, how many homes are available?
There are currently 1 active home listings available in Hamilton.
What’s the average rental cost in Hamilton, AL?
The average rental price in Hamilton is $1,017.
What is the most expensive home in Hamilton?
The most expensive home sold in Hamilton had a price of $2,777,712.
What is currently the cheapest priced home in Hamilton, AL?
The cheapest home for sale in Hamilton is priced at $10,432.

Living in Hamilton, AL

Hamilton, Alabama, is a vibrant community known for its friendly atmosphere and historic charm. With a population of around 6,600 residents, it offers a mix of rural and urban living that appeals to families and individuals alike. The town is home to attractive parks, local shops, and a strong sense of community, making it an ideal place for those seeking a quiet yet active lifestyle.

Current Market Conditions in Hamilton, AL

Hamilton's real estate market is currently on an upward trend, characterized by increasing home values and reduced inventory. The demand for homes in the area has been steadily rising, primarily due to the town's appeal as a peaceful community with access to essential amenities. Buyers are showing interest in both single-family homes and townhouses, driving up prices in desirable neighborhoods.

In the past year, Hamilton has seen a significant increase in home sales, supported by low interest rates and a growing population. The area attracts first-time homebuyers and families looking for more space, contributing to a competitive market. Homes with modern updates and those located near parks and schools are particularly sought after, often leading to multiple offers.

Home Value Estimator For Hamilton, AL

There are currently 3,313 real estate properties in Hamilton, AL, with a median automated valuation model (AVM) price of $145,473.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hamilton, 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 Hamilton, AL, is $172,202.00, with the most expensive house in Hamilton, AL, topping out at $2,777,712.00 and the cheapest home in Hamilton, AL, clocking in at $10,432.00. In other words, there’s something for every potential homebuyer or savvy investor in Hamilton, AL!

Rent Prices In Hamilton, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hamilton, AL, is on a rollercoaster ride. The average rent price in Hamilton, AL, is $1,017.00. Indeed, when looking to rent in Hamilton, AL, you can expect to pay as little as $520.00 or as much as $1,960.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Hamilton, 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.

Hamilton, AL Rent To Own Homes

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