Newville, AL Foreclosures
How much do homes sell for in Newville, AL?
The average home price is currently $191,805.
In Newville, AL, how many homes are available?
There are currently 10 active home listings available in Newville.
What’s the average rental cost in Newville, AL?
The average rental price in Newville is $900.
What is the most expensive home in Newville?
The most expensive home sold in Newville had a price of $2,154,638.
What is currently the cheapest priced home in Newville, AL?
The cheapest home for sale in Newville is priced at $11,554.
Living in Newville, AL
Newville, Alabama, is a charming small town known for its warm community and peaceful rural surroundings. With a close-knit atmosphere and beautiful natural landscapes, it offers a tranquil lifestyle away from the hustle and bustle of larger cities. Residents enjoy a slower pace of life, with local events and gatherings that foster camaraderie and community spirit.
Current Market Conditions in Newville, AL
The real estate market in Newville, AL, has shown a steady increase in demand over the past year, driven by the desire for more space and rural living. Home prices have appreciated as buyers are drawn to the town's charm and affordability compared to larger cities. As a result, inventory is tightening, and competition for available homes is becoming more pronounced.
Investors are recognizing the potential of Newville as an emerging market, encouraging new developments and renovations to existing properties. The ongoing interest in rural areas due to remote work trends has positioned Newville as a reasonable choice for those looking for a balance between affordability and quality of life.
Home Value Estimator For Newville, AL
There are currently 712 real estate properties
in Newville, AL,
with a median automated valuation model (AVM) price
of $145,474.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Newville, 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 Newville, AL,
is $191,805.00, with the most expensive house
in Newville, AL, topping out
at $2,154,638.00 and the cheapest home
in Newville, AL,
clocking in at $11,554.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Newville, AL!
Rent Prices
In Newville, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Newville, AL, is on
a rollercoaster ride. The
average rent price in Newville, AL,
is $900.00. Indeed, when looking to rent in
Newville, AL, you can expect to pay as little
as $400.00 or as much
as $2,120.00,
with the average rent median estimated to
be $850.00. The good news is that finding
an affordable and desirable property to rent in Newville, 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.
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