Lynn, AL Foreclosures
How much do homes sell for in Lynn, AL?
The average home price is currently $149,764.
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 $996,454.
What is currently the cheapest priced home in Lynn, AL?
The cheapest home for sale in Lynn is priced at $11,770.
Living in Lynn, AL
Lynn, Alabama, is a charming small town that offers a peaceful lifestyle with access to beautiful natural landscapes. The community is known for its hospitality and strong family values, making it a great place for families and retirees. With outdoor activities and a friendly atmosphere, Lynn is a hidden gem in northern Alabama.
Current Market Conditions in Lynn, AL
The real estate market in Lynn, AL, has been relatively stable, with a consistent demand for homes due to the town's inviting community spirit and affordability. Buyers are drawn to the area for its charm, outdoor recreational opportunities, and proximity to larger cities nearby.
The current market trend shows a slight increase in property values, as more people seek the tranquility of rural living while still having access to urban amenities. Homes in Lynn typically cater to first-time buyers and families, reflecting a balanced market.
Home Value Estimator For Lynn, AL
There are currently 284 real estate properties
in Lynn, AL,
with a median automated valuation model (AVM) price
of $118,453.00. 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 $149,764.00, with the most expensive house
in Lynn, AL, topping out
at $996,454.00 and the cheapest home
in Lynn, AL,
clocking in at $11,770.00. 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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