Living in Lisman, AL
Lisman, Alabama is a charming small town known for its community spirit and peaceful living. This rural enclave offers residents access to nature and essential amenities, making it an attractive choice for families and retirees alike. With a variety of outdoor activities and local events, Lisman captures the essence of southern hospitality.
Current Market Conditions in Lisman, AL
The real estate market in Lisman is currently stable, with steady demand for both rental and purchase options. The area's affordability makes it enticing for first-time homebuyers and investors alike, with properties often selling within a few months of being listed.
As of late 2023, there is an increase in interest for homes in the area, attributed to rising prices in nearby larger towns. As a result, Lisman is becoming a more attractive option for those seeking affordable housing without sacrificing quality of life.
Home Value Estimator For Lisman, AL
There are currently 315 real estate properties
in Lisman, AL,
with a median automated valuation model (AVM) price
of $97,125.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lisman, 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 Lisman, AL,
is $118,460.00, with the most expensive house
in Lisman, AL, topping out
at $432,482.00 and the cheapest home
in Lisman, AL,
clocking in at $25,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lisman, AL!
Rent Prices
In Lisman, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lisman, AL, is on
a rollercoaster ride. The
average rent price in Lisman, AL,
is $860.00. Indeed, when looking to rent in
Lisman, AL, you can expect to pay as little
as $860.00 or as much
as $860.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Lisman, 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.