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Foreclosure Homes in Letohatchee, AL 36047

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Letohatchee, AL Foreclosures

How much do homes sell for in Letohatchee, AL?
The average home price is currently $181,404.
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 $797,754.
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 serene small town perfect for those seeking a quieter lifestyle surrounded by nature. The community is friendly and offers essential amenities, while recreational activities abound in the nearby parks. Residents enjoy a close-knit atmosphere, enhancing the unique charm of this beautiful area.

Current Market Conditions in Letohatchee, AL

The real estate market in Letohatchee is currently showing signs of growth, with an increase in both selling and renting activity. This presents a favorable opportunity for investors looking for affordable properties with the potential for appreciation.

New developments and renovations in the area are attracting new families and young professionals, driving demand and suggesting not only a stable market but one that is likely to grow in the coming years.

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 $148,785.00. 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 $181,404.00, with the most expensive house in Letohatchee, AL, topping out at $797,754.00 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.

Letohatchee, AL 36047 Foreclosures


Market Trend for Letohatchee, AL

Total Listings Available: 10

Market Values:

Home Prices from $16,112 to $797,754

Average Sales Price: $181,404

Rental Values:

Rental from $550 to $1,840

Average Rent Value: $974 / month

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