Margaret, AL Foreclosures
How much do homes sell for in Margaret, AL?
The average home price is currently $176,062.
In Margaret, AL, how many homes are available?
There are currently 296 active home listings available in Margaret.
What’s the average rental cost in Margaret, AL?
The average rental price in Margaret is $1,089.
What is the most expensive home in Margaret?
The most expensive home sold in Margaret had a price of $468,300.
What is currently the cheapest priced home in Margaret, AL?
The cheapest home for sale in Margaret is priced at $53,217.
Living in Margaret, AL
Margaret, AL is a welcoming small town that offers a tranquil environment while retaining easy access to larger cities. With great schools, numerous outdoor activities, and a supportive community, it's an ideal location for families and individuals looking to settle down. Enjoy the best of both worlds in this charming Southern town.
Current Market Conditions in Margaret, AL
Current market conditions in Margaret reflect a steady growth in real estate, with increasing demand for affordable single-family homes. Buyers are drawn to the area due to its low cost of living, community atmosphere, and proximity to larger cities like Birmingham.
More homeowners are investing in property here as the market shows signs of resilience. The availability of listings is tightening, which poses challenges for buyers, but also indicates a positive trend towards value appreciation in the area.
Home Value Estimator For Margaret, AL
There are currently 23 real estate properties
in Margaret, AL,
with a median automated valuation model (AVM) price
of $142,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Margaret, 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 Margaret, AL,
is $176,062.00, with the most expensive house
in Margaret, AL, topping out
at $468,300.00 and the cheapest home
in Margaret, AL,
clocking in at $53,217.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Margaret, AL!
Rent Prices
In Margaret, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Margaret, AL, is on
a rollercoaster ride. The
average rent price in Margaret, AL,
is $1,089.00. Indeed, when looking to rent in
Margaret, AL, you can expect to pay as little
as $780.00 or as much
as $2,130.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Margaret, 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
