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Short Sale Listings in Highland Lake, AL

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Highland Lake, AL Foreclosures

How much do homes sell for in Highland Lake, AL?
The average home price is currently $400,664.
What’s the average rental cost in Highland Lake, AL?
The average rental price in Highland Lake is $1,356.
What is the most expensive home in Highland Lake?
The most expensive home sold in Highland Lake had a price of $2,011,970.
What is currently the cheapest priced home in Highland Lake, AL?
The cheapest home for sale in Highland Lake is priced at $64,430.

Living in Highland Lake, AL

Highland Lake, AL, is a picturesque community known for its scenic lake views and a relaxed lifestyle. With outdoor activities such as boating, fishing, and hiking, this small-town charm offers a perfect escape from the hustle and bustle of city life. Residents enjoy access to quality schools and community events, promoting a friendly environment for families.

Current Market Conditions in Highland Lake, AL

The Highland Lake real estate market has seen steady growth over the past year, with an increase in demand for lakefront properties as more buyers seek homes that allow for outdoor recreation. This trend is contributing to a limited inventory of homes, driving prices upward and resulting in competitive bidding situations for desirable properties.

Seasonal fluctuations have also influenced the market, with the spring and summer months typically seeing a spike in home listings and buyer activity as families look to relocate for the warmer seasons.

Home Value Estimator For Highland Lake, AL

There are currently 43 real estate properties in Highland Lake, AL, with a median automated valuation model (AVM) price of $335,300.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Highland Lake, 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 Highland Lake, AL, is $400,664.00, with the most expensive house in Highland Lake, AL, topping out at $2,011,970.00 and the cheapest home in Highland Lake, AL, clocking in at $64,430.00. In other words, there’s something for every potential homebuyer or savvy investor in Highland Lake, AL!

Rent Prices In Highland Lake, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Highland Lake, AL, is on a rollercoaster ride. The average rent price in Highland Lake, AL, is $1,356.00. Indeed, when looking to rent in Highland Lake, AL, you can expect to pay as little as $680.00 or as much as $2,080.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Highland Lake, 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.

Highland Lake, AL Short Sale Listings


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