Multi-family Foreclosures in Monroeville, AL

Current Market Conditions in Monroeville, AL

Currently, the real estate market in Monroeville is stable, with a healthy mix of single-family homes and investment properties available for buyers. The town has seen an increase in interest from out-of-state buyers looking for affordable housing options, which has led to a slight uptick in property values. The average days on market for homes have shortened, indicating a competitive environment amidst buyers.

With growing population numbers, Monroeville's market is expected to remain strong. Home prices are more affordable compared to urban centers, attracting families and retirees seeking a peaceful lifestyle without sacrificing access to amenities.

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.