Lynn, AL Foreclosures
How much do homes sell for in Lynn, AL?
The average home price is currently $147,869.
In Lynn, AL, how many homes are available?
There are currently 4 active home listings available in Lynn.
What’s the average rental cost in Lynn, AL?
The average rental price in Lynn is $858.
What is the most expensive home in Lynn?
The most expensive home sold in Lynn had a price of $974,789.
What is currently the cheapest priced home in Lynn, AL?
The cheapest home for sale in Lynn is priced at $11,795.
Living in Lynn, AL
Lynn, Alabama is a close-knit community that embodies southern charm and hospitality. It's known for its beautiful landscapes, friendly residents, and access to outdoor activities. With a variety of local amenities and schools, Lynn is perfect for families looking for a peaceful living environment.
Current Market Conditions in Lynn, AL
The real estate market in Lynn is currently stable, exhibiting moderate growth in property values. As a small town, it attracts homebuyers looking for lower purchase prices compared to larger urban areas. The demand for single-family homes remains steady, especially among families and retirees seeking a tranquil lifestyle.
There has been an increase in interest from buyers looking for investment opportunities as remote work becomes more feasible, allowing individuals to relocate to more affordable areas while maintaining their professional responsibilities.
Home Value Estimator For Lynn, AL
There are currently 249 real estate properties
in Lynn, AL,
with a median automated valuation model (AVM) price
of $123,412.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lynn, 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 Lynn, AL,
is $147,869.00, with the most expensive house
in Lynn, AL, topping out
at $974,789.00 and the cheapest home
in Lynn, AL,
clocking in at $11,795.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lynn, AL!
Rent Prices
In Lynn, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lynn, AL, is on
a rollercoaster ride. The
average rent price in Lynn, AL,
is $858.00. Indeed, when looking to rent in
Lynn, AL, you can expect to pay as little
as $520.00 or as much
as $1,850.00,
with the average rent median estimated to
be $810.00. The good news is that finding
an affordable and desirable property to rent in Lynn, 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.
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