Jemison, AL Foreclosures
How much do homes sell for in Jemison, AL?
The average home price is currently $240,888.
In Jemison, AL, how many homes are available?
There are currently 1 active home listings available in Jemison.
What’s the average rental cost in Jemison, AL?
The average rental price in Jemison is $1,139.
What is the most expensive home in Jemison?
The most expensive home sold in Jemison had a price of $4,106,562.
What is currently the cheapest priced home in Jemison, AL?
The cheapest home for sale in Jemison is priced at $10,080.
Living in Jemison, AL
Jemison, located in the heart of Alabama, is a small but vibrant community known for its friendly atmosphere and charming small-town feel. Residents enjoy a slower pace of life with access to modern amenities, making it a great place for families and individuals alike. The town is an ideal spot for those seeking outdoor activities and a strong sense of community.
Current Market Conditions in Jemison, AL
The real estate market in Jemison, AL is currently stable, with a steady demand for homes particularly among families and first-time homebuyers. The affordability of homes in this area is a significant attraction, with many properties priced below the national average, making Jemison an appealing choice for those looking for value in the housing market.
Recent trends indicate a slight increase in home prices as the demand continues to grow, with an influx of buyers seeking to relocate to smaller towns post-pandemic. The appreciation in value may lead to a competitive market, especially for well-maintained homes near schools and amenities. Overall, Jemison has shown signs of gradual development, with new businesses emerging and enhancing the local economy.
Home Value Estimator For Jemison, AL
There are currently 1,962 real estate properties
in Jemison, AL,
with a median automated valuation model (AVM) price
of $215,240.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Jemison, 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 Jemison, AL,
is $240,888.00, with the most expensive house
in Jemison, AL, topping out
at $4,106,562.00 and the cheapest home
in Jemison, AL,
clocking in at $10,080.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Jemison, AL!
Rent Prices
In Jemison, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Jemison, AL, is on
a rollercoaster ride. The
average rent price in Jemison, AL,
is $1,139.00. Indeed, when looking to rent in
Jemison, AL, you can expect to pay as little
as $600.00 or as much
as $2,300.00,
with the average rent median estimated to
be $1,130.00. The good news is that finding
an affordable and desirable property to rent in Jemison, 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
