Locust Fork, AL Foreclosures
How much do homes sell for in Locust Fork, AL?
The average home price is currently $223,961.
In Locust Fork, AL, how many homes are available?
There are currently 1 active home listings available in Locust Fork.
What’s the average rental cost in Locust Fork, AL?
The average rental price in Locust Fork is $1,275.
What is the most expensive home in Locust Fork?
The most expensive home sold in Locust Fork had a price of $863,773.
What is currently the cheapest priced home in Locust Fork, AL?
The cheapest home for sale in Locust Fork is priced at $10,043.
Living in Locust Fork, AL
Locust Fork is a quaint and peaceful town in Alabama, known for its beautiful natural scenery and strong sense of community. The area is perfect for those seeking a quieter lifestyle while still offering access to outdoor recreational activities. With local schools and amenities, it's an ideal location for families and retirees.
Current Market Conditions in Locust Fork, AL
The real estate market in Locust Fork has shown steady growth over the past few years, attracting buyers looking for affordable housing options in a rural setting. Because of its small-town charm and access to nature, demand remains strong, especially among families and retirees looking for a peaceful lifestyle.
Recently, there has been an increase in interest from buyers relocating from larger urban areas, driving up property values and pushing sales. Homes are typically selling quickly, often within a month of listing, as buyers seize the opportunity to invest in this tranquil community.
Home Value Estimator For Locust Fork, AL
There are currently 534 real estate properties
in Locust Fork, AL,
with a median automated valuation model (AVM) price
of $207,846.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Locust Fork, 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 Locust Fork, AL,
is $223,961.00, with the most expensive house
in Locust Fork, AL, topping out
at $863,773.00 and the cheapest home
in Locust Fork, AL,
clocking in at $10,043.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Locust Fork, AL!
Rent Prices
In Locust Fork, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Locust Fork, AL, is on
a rollercoaster ride. The
average rent price in Locust Fork, AL,
is $1,275.00. Indeed, when looking to rent in
Locust Fork, AL, you can expect to pay as little
as $640.00 or as much
as $2,050.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Locust Fork, 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
