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Bankruptcy Homes in Munford, AL 36268

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Munford, AL Foreclosures

How much do homes sell for in Munford, AL?
The average home price is currently $213,049.
In Munford, AL, how many homes are available?
There are currently 25 active home listings available in Munford.
What’s the average rental cost in Munford, AL?
The average rental price in Munford is $1,223.
What is the most expensive home in Munford?
The most expensive home sold in Munford had a price of $4,953,000.
What is currently the cheapest priced home in Munford, AL?
The cheapest home for sale in Munford is priced at $13,488.

Living in Munford, AL

Munford, Alabama is a charming small town characterized by its welcoming community spirit and stunning natural landscapes. With access to outdoor activities and a strong education system, Munford provides a balanced lifestyle for families and individuals alike. Residents enjoy a peaceful rural setting while still being close to necessary amenities and recreational opportunities.

Current Market Conditions in Munford, AL

The real estate market in Munford has shown consistent growth in recent years, with an increase in demand for homes as more people seek the tranquility of rural living combined with proximity to urban conveniences. Investors are particularly drawn to the area due to its potential for appreciation and a stable rental market.

Current trends indicate that home prices are gradually rising, influenced by a limited supply of homes on the market. This has generated a competitive atmosphere among buyers, particularly for single-family homes that are priced attractively for first-time homeowners.

Home Value Estimator For Munford, AL

There are currently 1,320 real estate properties in Munford, AL, with a median automated valuation model (AVM) price of $161,912.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Munford, 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 Munford, AL, is $213,049.00, with the most expensive house in Munford, AL, topping out at $4,953,000.00 and the cheapest home in Munford, AL, clocking in at $13,488.00. In other words, there’s something for every potential homebuyer or savvy investor in Munford, AL!

Rent Prices In Munford, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Munford, AL, is on a rollercoaster ride. The average rent price in Munford, AL, is $1,223.00. Indeed, when looking to rent in Munford, AL, you can expect to pay as little as $500.00 or as much as $2,560.00, with the average rent median estimated to be $1,160.00. The good news is that finding an affordable and desirable property to rent in Munford, 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.

Munford, AL 36268 Bankruptcy Homes

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