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Foreclosure Homes in Monroeville, AL

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Monroeville, AL Foreclosures

How much do homes sell for in Monroeville, AL?
The average home price is currently $177,047.
In Monroeville, AL, how many homes are available?
There are currently 70 active home listings available in Monroeville.
What’s the average rental cost in Monroeville, AL?
The average rental price in Monroeville is $901.
What is the most expensive home in Monroeville?
The most expensive home sold in Monroeville had a price of $7,471,800.
What is currently the cheapest priced home in Monroeville, AL?
The cheapest home for sale in Monroeville is priced at $19,100.

Living in Monroeville, AL

Monroeville, Alabama, best known for its connection to Harper Lee's classic novel, offers residents a serene environment filled with rich history and community spirit. With its diverse amenities, excellent schools, and family-friendly atmosphere, it provides an ideal setting for those seeking a quality lifestyle in a small-town atmosphere.

Current Market Conditions in Monroeville, AL

The real estate market in Monroeville is characterized by a steady demand for housing, driven by the city's appealing lifestyle and affordability. Currently, properties are being sold at competitive prices, and there is a healthy turnover rate, indicating a stable market for both buyers and investors.

Interest from new residents has been growing, particularly due to its strong sense of community and outdoor recreational opportunities, making it an attractive choice for families and retirees.

Home Value Estimator For Monroeville, AL

There are currently 2,870 real estate properties in Monroeville, AL, with a median automated valuation model (AVM) price of $150,258.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Monroeville, 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 Monroeville, AL, is $177,047.00, with the most expensive house in Monroeville, AL, topping out at $7,471,800.00 and the cheapest home in Monroeville, AL, clocking in at $19,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Monroeville, AL!

Rent Prices In Monroeville, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Monroeville, AL, is on a rollercoaster ride. The average rent price in Monroeville, AL, is $901.00. Indeed, when looking to rent in Monroeville, AL, you can expect to pay as little as $430.00 or as much as $2,220.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Monroeville, 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.

Monroeville, AL Foreclosures

Market Trend for Monroeville, AL

Total Listings Available: 70

Market Values:

Home Prices from $19,100 to $7,471,800

Average Sales Price: $177,047

Rental Values:

Rental from $430 to $2,220

Average Rent Value: $901 / month

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