Kennedy, AL Foreclosures
How much do homes sell for in Kennedy, AL?
The average home price is currently $143,090.
In Kennedy, AL, how many homes are available?
There are currently 2 active home listings available in Kennedy.
What’s the average rental cost in Kennedy, AL?
The average rental price in Kennedy is $948.
What is the most expensive home in Kennedy?
The most expensive home sold in Kennedy had a price of $823,727.
What is currently the cheapest priced home in Kennedy, AL?
The cheapest home for sale in Kennedy is priced at $16,779.
Living in Kennedy, AL
Kennedy, Alabama is a small, charming town located in the western part of the state, known for its rich Southern culture and tight-knit community. The town features scenic landscapes and offers a peaceful atmosphere, ideal for families and retirees. Residents enjoy outdoor activities such as fishing, hiking, and exploring local parks, making Kennedy a delightful place to call home.
Current Market Conditions in Kennedy, AL
The real estate market in Kennedy, AL has been showing signs of steady growth, attracting buyers looking for affordable homes in a peaceful setting. The average home price is relatively low compared to nearby larger cities, making it an appealing option for first-time buyers and investors.
As more people seek out small-town living, the demand for homes in Kennedy is expected to continue rising, albeit slowly. Recent trends indicate that homes are selling faster, suggesting a shift in the market as more buyers recognize the charm and benefits of rural living.
Home Value Estimator For Kennedy, AL
There are currently 403 real estate properties
in Kennedy, AL,
with a median automated valuation model (AVM) price
of $116,857.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kennedy, 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 Kennedy, AL,
is $143,090.00, with the most expensive house
in Kennedy, AL, topping out
at $823,727.00 and the cheapest home
in Kennedy, AL,
clocking in at $16,779.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kennedy, AL!
Rent Prices
In Kennedy, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kennedy, AL, is on
a rollercoaster ride. The
average rent price in Kennedy, AL,
is $948.00. Indeed, when looking to rent in
Kennedy, AL, you can expect to pay as little
as $580.00 or as much
as $1,590.00,
with the average rent median estimated to
be $910.00. The good news is that finding
an affordable and desirable property to rent in Kennedy, 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.
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