Letohatchee, AL Foreclosures
How much do homes sell for in Letohatchee, AL?
The average home price is currently $190,609.
In Letohatchee, AL, how many homes are available?
There are currently 11 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 $799,739.
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 charming small town known for its friendly atmosphere and strong community ties. Nestled in nature, it offers a peaceful lifestyle with access to local amenities and outdoor activities. Real estate options range from affordable homes to unique historic properties, making it attractive for families and individuals alike.
Current Market Conditions in Letohatchee, AL
The Letohatchee real estate market has seen a gradual increase in home values over the past year, driven by demand for affordable housing in rural areas. Recent trends indicate that homes in this region are selling relatively quickly, reflecting the area's appeal for buyers looking for serene living conditions.
Investors are showing interest in Letohatchee, as more people seek properties away from urban living. The market has maintained steady supply levels, allowing buyers to find a variety of homes at different price points. Seasonal fluctuations may occur, but overall growth is expected as more families discover the charm of this small town.
Home Value Estimator For Letohatchee, AL
There are currently 422 real estate properties
in Letohatchee, AL,
with a median automated valuation model (AVM) price
of $150,938.00. 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 $190,609.00, with the most expensive house
in Letohatchee, AL, topping out
at $799,739.00 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
