Lockhart, AL Foreclosures
How much do homes sell for in Lockhart, AL?
The average home price is currently $99,269.
What’s the average rental cost in Lockhart, AL?
The average rental price in Lockhart is $823.
What is the most expensive home in Lockhart?
The most expensive home sold in Lockhart had a price of $335,345.
What is currently the cheapest priced home in Lockhart, AL?
The cheapest home for sale in Lockhart is priced at $10,950.
Living in Lockhart, AL
Lockhart, Alabama is a charming small town that offers a peaceful lifestyle surrounded by nature. The community prides itself on a friendly atmosphere with local events fostering a strong neighborhood bond. With access to quality schools and outdoor activities, it's an ideal place for families.
Current Market Conditions in Lockhart, AL
The real estate market in Lockhart is currently seeing a trend of gradual appreciation, with increasing interest from homebuyers looking for affordable options with a rural appeal. The demand for single-family homes has led to competitive pricing, although the market remains accessible for first-time buyers.
As of now, Lockhart's housing stock is relatively low, which has contributed to a steady rise in home prices as buyers compete for limited listings. This presents a unique opportunity for sellers looking to capitalize on the growing popularity of the area.
Home Value Estimator For Lockhart, AL
There are currently 63 real estate properties
in Lockhart, AL,
with a median automated valuation model (AVM) price
of $65,800.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lockhart, 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 Lockhart, AL,
is $99,269.00, with the most expensive house
in Lockhart, AL, topping out
at $335,345.00 and the cheapest home
in Lockhart, AL,
clocking in at $10,950.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lockhart, AL!
Rent Prices
In Lockhart, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lockhart, AL, is on
a rollercoaster ride. The
average rent price in Lockhart, AL,
is $823.00. Indeed, when looking to rent in
Lockhart, AL, you can expect to pay as little
as $520.00 or as much
as $1,440.00,
with the average rent median estimated to
be $770.00. The good news is that finding
an affordable and desirable property to rent in Lockhart, 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.