Foreclosures in Montevallo, AL 35115

Current Market Conditions in Montevallo, AL

The real estate market in Montevalo has shown resilience, with a moderate increase in home prices over recent months. The demand for homes has been increasing as buyers seek out the serene lifestyle and desirable community amenities offered in the area, leading to a competitive yet accessible market for new buyers.

Investors and potential homeowners are drawn to Montevalo for its affordable prices and potential for appreciation, as the town's development plans move forward and attract more families looking to enjoy a suburban feel while still being close to Birmingham.

Rent Prices In Montevallo, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Montevallo, AL, is on a rollercoaster ride. The average rent price in Montevallo, AL, is $1,095.00. Indeed, when looking to rent in Montevallo, AL, you can expect to pay as little as $510.00 or as much as $2,640.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Montevallo, 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.