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Fixer Upper Homes in Montevallo, AL

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Living in Montevallo, AL

Montevalo, Alabama, is a quaint town offering a blend of historical charm and modern living. Known for its beautiful parks, a thriving community spirit, and the notable University of Montevallo, this location is perfect for families and individuals looking for a peaceful lifestyle close to nature and urban conveniences. With various activities and amenities, residents truly enjoy the best of both worlds.

Current Market Conditions in Montevallo, AL

The real estate market in Montevalo has been experiencing steady growth, with an increasing demand for single-family homes due to its family-friendly environment and excellent educational institutions. Many buyers are attracted to the area for its affordability and the appeal of small-town living combined with easy access to larger cities like Birmingham.

Current trends indicate that homes in Montevalo are selling quickly, often above the asking price, particularly listings near the university or in established neighborhoods. As more people seek residences away from urban centers, the town’s market shows signs of sustained interest and investment.

Home Value Estimator For Montevallo, AL

There are currently 3,040 real estate properties in Montevallo, AL, with a median automated valuation model (AVM) price of $232,686.00. 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 $252,414.00, with the most expensive house in Montevallo, AL, topping out at $4,995,000.00 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 Fixer Upper Homes


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