Oakman, AL Foreclosures
How much do homes sell for in Oakman, AL?
The average home price is currently $143,119.
In Oakman, AL, how many homes are available?
There are currently 10 active home listings available in Oakman.
What’s the average rental cost in Oakman, AL?
The average rental price in Oakman is $1,033.
What is the most expensive home in Oakman?
The most expensive home sold in Oakman had a price of $898,571.
What is currently the cheapest priced home in Oakman, AL?
The cheapest home for sale in Oakman is priced at $7,341.
Living in Oakman, AL
Oakman, Alabama, is a charming small town in Walker County that offers residents a peaceful lifestyle surrounded by nature. Known for its close-knit community and family-friendly atmosphere, Oakman provides various outdoor activities and easy access to essential amenities. With a rich local culture and a welcoming spirit, it's the perfect place for those seeking tranquility without sacrificing convenience.
Current Market Conditions in Oakman, AL
The real estate market in Oakman is relatively stable, with a slight increase in home sales over the past few months. Currently, properties are selling at competitive prices, making it an attractive market for both buyers and investors. The community's values and character continue to draw interest from those looking to relocate to a quieter setting.
There has been a noticeable trend in the past year where more families and retirees are moving to Oakman, driving demand for single-family homes. As more people discover the charm and affordability of this area, it is projected that home prices may rise in the coming months.
Home Value Estimator For Oakman, AL
There are currently 788 real estate properties
in Oakman, AL,
with a median automated valuation model (AVM) price
of $118,873.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Oakman, 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 Oakman, AL,
is $143,119.00, with the most expensive house
in Oakman, AL, topping out
at $898,571.00 and the cheapest home
in Oakman, AL,
clocking in at $7,341.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Oakman, AL!
Rent Prices
In Oakman, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Oakman, AL, is on
a rollercoaster ride. The
average rent price in Oakman, AL,
is $1,033.00. Indeed, when looking to rent in
Oakman, AL, you can expect to pay as little
as $560.00 or as much
as $1,930.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Oakman, 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.
Learn more on Foreclosure homes
