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Cheap Homes in Monroeville, AL

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Monroeville, AL Foreclosures

Current Market Conditions in in Monroeville, AL As of April 2026?
Over the past month, Monroeville's real estate market has shown promising signs of activity, reflecting a slight increase in home sales and an uptick in prices as more buyers express interest in the area. Homes listed have witnessed better turnover rates, indicating a competitive but healthy market.
How much do homes sell for in Monroeville, AL?
The average home price is currently $173,031.
In Monroeville, AL, how many homes are available?
There are currently 2 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 $1,852,700.
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, is a picturesque town known for its literary heritage and southern charm. It offers a variety of local amenities, including shops, parks, and a close-knit community vibe. Ideal for families and individuals who appreciate culture and outdoor activities.

Buyer vs Seller Market in Monroeville, AL

The town of Monroeville has been experiencing a steady growth in its real estate market, with a mix of families and retirees moving into the area. The combination of affordable housing and low property taxes attracts newcomers and contributes to rising property values.

Investment opportunities are plentiful in Monroeville, as the town continues to develop while maintaining its historical charm. The market has also seen an increase in interest from remote workers looking for a peaceful location with a strong sense of community.

Home Value Estimator For Monroeville, AL

There are currently 3,029 real estate properties in Monroeville, AL, with a median automated valuation model (AVM) price of $147,538.00. 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 $173,031.00, with the most expensive house in Monroeville, AL, topping out at $1,852,700.00 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.

Cheap Homes in Monroeville, AL

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