Hodges, AL Foreclosures
How much do homes sell for in Hodges, AL?
The average home price is currently $164,034.
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 $968,300.
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, AL is a quaint and welcoming town that embodies the charm of southern living. With plenty of outdoor activities, community events, and a strong emphasis on education, it's a perfect place for families and individuals looking for a peaceful lifestyle. The town's proximity to larger cities offers additional conveniences while still maintaining its small-town feel.
Current Market Conditions in Hodges, AL
Currently, the real estate market in Hodges is seeing a mild increase in property values, driven by the area's appeal to retirees and families seeking affordable housing options. Inventory remains low, making it a competitive market for home buyers, yet it remains accessible for first-time buyers due to moderately priced homes. The community's growth is evident, with new families relocating to the area, thus sustaining demand for housing.
In recent months, there has been a noticeable uptick in interest for properties in Hodges, attributed to its attractive lifestyle and affordable home prices compared to nearby larger markets. Home sales are favorable, and buyers are increasingly aware of the benefits of living in a quiet and welcoming community.
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 $130,382.00. 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 $164,034.00, with the most expensive house
in Hodges, AL, topping out
at $968,300.00 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.