Lanett, AL Foreclosures
How much do homes sell for in Lanett, AL?
The average home price is currently $149,374.
In Lanett, AL, how many homes are available?
There are currently 1 active home listings available in Lanett.
What’s the average rental cost in Lanett, AL?
The average rental price in Lanett is $898.
What is the most expensive home in Lanett?
The most expensive home sold in Lanett had a price of $2,852,800.
What is currently the cheapest priced home in Lanett, AL?
The cheapest home for sale in Lanett is priced at $6,454.
Living in Lanett, AL
Lanett, AL is a quaint town that offers a tight-knit community with a rich historical background. Residents enjoy access to beautiful parks and outdoor activities along the Chattahoochee River. The area features excellent schools, making it a great option for families seeking a peaceful lifestyle.
Current Market Conditions in Lanett, AL
The real estate market in Lanett, AL is currently seeing moderate growth with a steady increase in property values. As the area remains attractive to both buyers and investors, home sales have been on the rise, although inventory is limited. Homes in the mid-range price point are selling relatively quickly, reflecting a demand for affordable yet quality housing.
Overall, Lanett's real estate market continues to show resilience, supported by local economic activities and community development. Buyers are increasingly drawn to the area's affordability compared to nearby cities, while more sellers are considering listed properties, contributing to a balanced market.
Home Value Estimator For Lanett, AL
There are currently 4,644 real estate properties
in Lanett, AL,
with a median automated valuation model (AVM) price
of $111,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lanett, 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 Lanett, AL,
is $149,374.00, with the most expensive house
in Lanett, AL, topping out
at $2,852,800.00 and the cheapest home
in Lanett, AL,
clocking in at $6,454.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lanett, AL!
Rent Prices
In Lanett, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lanett, AL, is on
a rollercoaster ride. The
average rent price in Lanett, AL,
is $898.00. Indeed, when looking to rent in
Lanett, AL, you can expect to pay as little
as $450.00 or as much
as $2,720.00,
with the average rent median estimated to
be $900.00. The good news is that finding
an affordable and desirable property to rent in Lanett, 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
