Living in Mathews, AL
Mathews, Alabama, is a serene rural community offering a blend of natural beauty and easy access to local amenities. Its proximity to Lake Martin provides ample opportunities for outdoor recreation. The area is perfect for families and individuals seeking a tranquil lifestyle while remaining close to urban conveniences.
Current Market Conditions in Mathews, AL
The real estate market in Mathews has seen steady growth over the past year as more people seek affordable housing options in peaceful settings. Combined with the area's natural beauty and recreational opportunities, this has made Mathews an attractive destination for home buyers.
In recent months, the demand for properties has increased, with homes often receiving multiple offers, and average days on the market have decreased, indicating a competitive environment. Developers are also showing interest in the area, hinting at potential future developments.
Home Value Estimator For Mathews, AL
There are currently 360 real estate properties
in Mathews, AL,
with a median automated valuation model (AVM) price
of $478,191.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mathews, 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 Mathews, AL,
is $511,512.00, with the most expensive house
in Mathews, AL, topping out
at $4,434,806.00 and the cheapest home
in Mathews, AL,
clocking in at $15,744.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mathews, AL!
Rent Prices
In Mathews, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mathews, AL, is on
a rollercoaster ride. The
average rent price in Mathews, AL,
is $1,385.00. Indeed, when looking to rent in
Mathews, AL, you can expect to pay as little
as $520.00 or as much
as $2,540.00,
with the average rent median estimated to
be $1,390.00. The good news is that finding
an affordable and desirable property to rent in Mathews, 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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