Hytop, AL Foreclosures
How much do homes sell for in Hytop, AL?
The average home price is currently $214,863.
What’s the average rental cost in Hytop, AL?
The average rental price in Hytop is $1,143.
What is the most expensive home in Hytop?
The most expensive home sold in Hytop had a price of $589,468.
What is currently the cheapest priced home in Hytop, AL?
The cheapest home for sale in Hytop is priced at $41,276.
Living in Hytop, AL
HYTOP, Alabama, is a serene small town known for its friendly atmosphere and tight-knit community. Surrounded by scenic landscapes, HYTOP provides residents with a peaceful retreat from the hustle and bustle of larger cities. In addition, it offers a range of local amenities that cater to all ages, making it an ideal place for families and individuals looking for a quiet lifestyle.
Current Market Conditions in Hytop, AL
The real estate market in HYTOP, AL, has shown steady growth over the past year, with demand for homes increasing as more individuals and families discover the benefits of small-town living. There is a mix of both new constructions and older homes available, catering to a wide range of potential buyers. The affordability of housing in the area is particularly appealing, and listings often attract significant interest as they come on the market.
Currently, the market is favoring sellers with low inventory leading to competitive offers on homes that are well priced. The trend suggests continued appreciation in property values as the attractiveness of the location increases, especially with ongoing developments in surrounding areas.
Home Value Estimator For Hytop, AL
There are currently 49 real estate properties
in Hytop, AL,
with a median automated valuation model (AVM) price
of $163,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Hytop, 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 Hytop, AL,
is $214,863.00, with the most expensive house
in Hytop, AL, topping out
at $589,468.00 and the cheapest home
in Hytop, AL,
clocking in at $41,276.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hytop, AL!
Rent Prices
In Hytop, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hytop, AL, is on
a rollercoaster ride. The
average rent price in Hytop, AL,
is $1,143.00. Indeed, when looking to rent in
Hytop, AL, you can expect to pay as little
as $680.00 or as much
as $1,760.00,
with the average rent median estimated to
be $1,120.00. The good news is that finding
an affordable and desirable property to rent in Hytop, 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
