Letohatchee, AL Foreclosures
How much do homes sell for in Letohatchee, AL?
The average home price is currently $186,718.
In Letohatchee, AL, how many homes are available?
There are currently 10 active home listings available in Letohatchee.
What’s the average rental cost in Letohatchee, AL?
The average rental price in Letohatchee is $974.
What is the most expensive home in Letohatchee?
The most expensive home sold in Letohatchee had a price of $774,362.
What is currently the cheapest priced home in Letohatchee, AL?
The cheapest home for sale in Letohatchee is priced at $16,112.
Living in Letohatchee, AL
Letohatchee, AL, is a quaint town that offers a relaxed lifestyle amidst picturesque rural scenery. Known for its friendly community and affordable living, it is an ideal location for families and retirees. With nearby amenities, outdoor recreational activities, and easy access to larger urban centers, Letohatchee presents a perfect blend of tranquility and convenience.
Current Market Conditions in Letohatchee, AL
Currently, the real estate market in Letohatchee is relatively stable, showing a moderate demand for single-family homes. The town's affordability attracts both first-time homebuyers and those looking to downsize, leading to a steady flow of transactions.
In recent months, there has been an increase in interest from buyers looking for homes in more suburban or rural areas due to shifts in lifestyle preferences post-pandemic. This has created competitive pricing for certain listings, although overall prices remain reasonable compared to urban counterparts.
Home Value Estimator For Letohatchee, AL
There are currently 380 real estate properties
in Letohatchee, AL,
with a median automated valuation model (AVM) price
of $155,058.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Letohatchee, 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 Letohatchee, AL,
is $186,718.00, with the most expensive house
in Letohatchee, AL, topping out
at $774,362.00 and the cheapest home
in Letohatchee, AL,
clocking in at $16,112.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Letohatchee, AL!
Rent Prices
In Letohatchee, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Letohatchee, AL, is on
a rollercoaster ride. The
average rent price in Letohatchee, AL,
is $974.00. Indeed, when looking to rent in
Letohatchee, AL, you can expect to pay as little
as $550.00 or as much
as $1,840.00,
with the average rent median estimated to
be $920.00. The good news is that finding
an affordable and desirable property to rent in Letohatchee, 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
