Margaret, AL Foreclosures
How much do homes sell for in Margaret, AL?
The average home price is currently $175,811.
In Margaret, AL, how many homes are available?
There are currently 304 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 $53,208.
Living in Margaret, AL
Margaret, AL, is a charming community known for its small-town charm and convenient access to nearby metropolitan areas. With a friendly atmosphere and a focus on family living, it offers a variety of local amenities and a strong sense of community.
Current Market Conditions in Margaret, AL
The real estate market in Margaret, AL, has shown steady growth over the past few years. Homes in this area are reasonably priced compared to nearby cities, making it accessible for first-time buyers as well as those looking for a peaceful retreat from the hustle of urban life. There is a mix of older homes and new constructions, appealing to various tastes and budgets.
As of late 2023, the market trends suggest a slight increase in property values, driven by demand from families seeking a safe environment with good schools. Investors are also looking at properties in Margaret due to its growth potential and attractive price points.
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 $175,811.00, with the most expensive house
in Margaret, AL, topping out
at $468,300.00 and the cheapest home
in Margaret, AL,
clocking in at $53,208.00. 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.
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