Mentone, AL Foreclosures
How much do homes sell for in Mentone, AL?
The average home price is currently $317,299.
In Mentone, AL, how many homes are available?
There are currently 117 active home listings available in Mentone.
What’s the average rental cost in Mentone, AL?
The average rental price in Mentone is $1,188.
What is the most expensive home in Mentone?
The most expensive home sold in Mentone had a price of $1,379,289.
What is currently the cheapest priced home in Mentone, AL?
The cheapest home for sale in Mentone is priced at $25,045.
Living in Mentone, AL
Mentone, Alabama, is a picturesque small town perched on the edge of Lookout Mountain. Known for its beautiful landscapes, vibrant arts scene, and community spirit, this charming village attracts residents who enjoy a slower pace of life with access to outdoor adventures. With various local shops and annual events, Mentone offers a unique blend of tranquility and culture.
Current Market Conditions in Mentone, AL
The real estate market in Mentone has been relatively stable, with a trend towards increased interest in vacation homes and rentals. The unique characteristics of the area, including its natural beauty and artsy community, have led to a rise in demand, particularly among buyers seeking second homes or investment properties that cater to tourism.
Mentone's real estate market is characterized by a variety of home styles, ranging from historic cottages to modern constructions. During recent months, homeowners have reported a steady appreciation in property values, indicating growing confidence in the market, and buyers are eager to invest in this more remote but accessible location.
Home Value Estimator For Mentone, AL
There are currently 774 real estate properties
in Mentone, AL,
with a median automated valuation model (AVM) price
of $277,330.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Mentone, 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 Mentone, AL,
is $317,299.00, with the most expensive house
in Mentone, AL, topping out
at $1,379,289.00 and the cheapest home
in Mentone, AL,
clocking in at $25,045.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Mentone, AL!
Rent Prices
In Mentone, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Mentone, AL, is on
a rollercoaster ride. The
average rent price in Mentone, AL,
is $1,188.00. Indeed, when looking to rent in
Mentone, AL, you can expect to pay as little
as $460.00 or as much
as $2,320.00,
with the average rent median estimated to
be $1,160.00. The good news is that finding
an affordable and desirable property to rent in Mentone, 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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