Loachapoka, AL Foreclosures
How much do homes sell for in Loachapoka, AL?
The average home price is currently $283,961.
In Loachapoka, AL, how many homes are available?
There are currently 930 active home listings available in Loachapoka.
What’s the average rental cost in Loachapoka, AL?
The average rental price in Loachapoka is $1,068.
What is the most expensive home in Loachapoka?
The most expensive home sold in Loachapoka had a price of $831,960.
What is currently the cheapest priced home in Loachapoka, AL?
The cheapest home for sale in Loachapoka is priced at $38,030.
Living in Loachapoka, AL
Loachapoka, AL is a peaceful community nestled in Lee County, offering a rich history and connection to nature. Its small-town charm is perfect for families and retirees alike, while still being conveniently close to urban amenities from nearby cities. Residents enjoy a close-knit community vibe, ample outdoor activities, and historical sites.
Current Market Conditions in Loachapoka, AL
Currently, the market in Loachapoka shows moderate activity, with a mix of traditional single-family homes and historical properties available. The demand for homes in this small town is stable, given its appeal for families seeking a quieter lifestyle away from the urban hustle.
Recent trends indicate a gradual increase in property values, reflecting the desirability of living in a serene environment while being near major hubs in Alabama.
Home Value Estimator For Loachapoka, AL
There are currently 18 real estate properties
in Loachapoka, AL,
with a median automated valuation model (AVM) price
of $183,845.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Loachapoka, 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 Loachapoka, AL,
is $283,961.00, with the most expensive house
in Loachapoka, AL, topping out
at $831,960.00 and the cheapest home
in Loachapoka, AL,
clocking in at $38,030.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Loachapoka, AL!
Rent Prices
In Loachapoka, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Loachapoka, AL, is on
a rollercoaster ride. The
average rent price in Loachapoka, AL,
is $1,068.00. Indeed, when looking to rent in
Loachapoka, AL, you can expect to pay as little
as $720.00 or as much
as $1,770.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Loachapoka, 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
