Oak Grove, AL Foreclosures
How much do homes sell for in Oak Grove, AL?
The average home price is currently $146,935.
What’s the average rental cost in Oak Grove, AL?
The average rental price in Oak Grove is $887.
What is the most expensive home in Oak Grove?
The most expensive home sold in Oak Grove had a price of $678,307.
What is currently the cheapest priced home in Oak Grove, AL?
The cheapest home for sale in Oak Grove is priced at $16,851.
Living in Oak Grove, AL
Oak Grove, Alabama offers a charming suburban lifestyle with access to both nature and urban amenities. This close-knit community is characterized by its friendly atmosphere and beautiful landscapes. Residents enjoy a peaceful setting, while being conveniently located near larger towns for shopping and entertainment options.
Current Market Conditions in Oak Grove, AL
The real estate market in Oak Grove is seeing a positive trend, showcasing an increase in demand for homes as more buyers are attracted to suburban living. The area's affordability, combined with its growing amenities, makes it an attractive option for families and individuals alike. Listings are receiving considerable interest, leading to a competitive market with homes often selling faster than in previous years.
More recently, the trend towards remote work has impacted the housing demand in Oak Grove, as buyers seek spacious homes with access to nature in suburban areas compared to urban settings.
Home Value Estimator For Oak Grove, AL
There are currently 317 real estate properties
in Oak Grove, AL,
with a median automated valuation model (AVM) price
of $131,403.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oak Grove, 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 Oak Grove, AL,
is $146,935.00, with the most expensive house
in Oak Grove, AL, topping out
at $678,307.00 and the cheapest home
in Oak Grove, AL,
clocking in at $16,851.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oak Grove, AL!
Rent Prices
In Oak Grove, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oak Grove, AL, is on
a rollercoaster ride. The
average rent price in Oak Grove, AL,
is $887.00. Indeed, when looking to rent in
Oak Grove, AL, you can expect to pay as little
as $540.00 or as much
as $1,840.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Oak Grove, 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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