Hodges, AL Foreclosures
How much do homes sell for in Hodges, AL?
The average home price is currently $162,887.
What’s the average rental cost in Hodges, AL?
The average rental price in Hodges is $962.
What is the most expensive home in Hodges?
The most expensive home sold in Hodges had a price of $946,200.
What is currently the cheapest priced home in Hodges, AL?
The cheapest home for sale in Hodges is priced at $16,230.
Living in Hodges, AL
Hodges, Alabama is a charming small town that boasts a friendly community and access to beautiful outdoor spaces. With great local schools and a peaceful atmosphere, it is perfect for families and those seeking an idyllic lifestyle away from the hustle and bustle of city life. Hodges offers a balance of rural serenity and convenience, with larger urban amenities just a short drive away.
Current Market Conditions in Hodges, AL
The real estate market in Hodges, AL is currently experiencing steady growth. The demand for homes is increasing as more people are drawn to the peaceful, rural charm of the town. Homes are relatively affordable compared to national averages, appealing to first-time homebuyers and those looking to invest in rental properties.
As of this year, there has been a noticeable uptick in home sales, with many properties selling quickly due to the town's desirability and the low inventory. It’s predicted that prices will continue to rise, particularly in sought-after neighborhoods, making it an attractive time for buyers.
Home Value Estimator For Hodges, AL
There are currently 130 real estate properties
in Hodges, AL,
with a median automated valuation model (AVM) price
of $128,876.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hodges, 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 Hodges, AL,
is $162,887.00, with the most expensive house
in Hodges, AL, topping out
at $946,200.00 and the cheapest home
in Hodges, AL,
clocking in at $16,230.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hodges, AL!
Rent Prices
In Hodges, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hodges, AL, is on
a rollercoaster ride. The
average rent price in Hodges, AL,
is $962.00. Indeed, when looking to rent in
Hodges, AL, you can expect to pay as little
as $520.00 or as much
as $1,760.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Hodges, 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
