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Foreclosure Homes in Montevallo, AL 35115

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Montevallo, AL Foreclosures

How much do homes sell for in Montevallo, AL?
The average home price is currently $246,969.
In Montevallo, AL, how many homes are available?
There are currently 68 active home listings available in Montevallo.
What’s the average rental cost in Montevallo, AL?
The average rental price in Montevallo is $1,095.
What is the most expensive home in Montevallo?
The most expensive home sold in Montevallo had a price of $4,808,800.
What is currently the cheapest priced home in Montevallo, AL?
The cheapest home for sale in Montevallo is priced at $10,013.

Living in Montevallo, AL

Montevalo, Alabama, is a tranquil small town surrounded by beautiful landscapes and a tight-knit community. The town offers ample outdoor activities, friendly local amenities, and a commitment to education, making it a wonderful place to live. With its rich history and community events, there is always something to enjoy in Montevalo.

Current Market Conditions in Montevallo, AL

The real estate market in Montevalo is currently steady, with an increasing demand for single-family homes. Many buyers are attracted to the town's family-friendly atmosphere and access to nature, leading to a competitive but fair market.

Prices for homes have seen a modest increase, reflecting the overall trend of suburban areas gaining favor among homebuyers seeking space and outdoor amenities.

Home Value Estimator For Montevallo, AL

There are currently 3,037 real estate properties in Montevallo, AL, with a median automated valuation model (AVM) price of $224,196.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Montevallo, 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 Montevallo, AL, is $246,969.00, with the most expensive house in Montevallo, AL, topping out at $4,808,800.00 and the cheapest home in Montevallo, AL, clocking in at $10,013.00. In other words, there’s something for every potential homebuyer or savvy investor in Montevallo, AL!

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.

Montevallo, AL 35115 Foreclosures

Market Trend for Montevallo, AL

Total Listings Available: 68

Market Values:

Home Prices from $10,013 to $4,808,800

Average Sales Price: $246,969

Rental Values:

Rental from $510 to $2,640

Average Rent Value: $1,095 / month

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