Foreclosure Homes in Opelika, AL

Current Market Conditions in Opelika, AL

The real estate market in Opelika is showing signs of steady growth, with more buyers looking for homes in the area due to its affordability compared to nearby cities like Auburn. Increasing demand has led to a moderate rise in home prices, particularly for single-family homes in desirable neighborhoods.

Opelika's attractiveness as a residential area is being enhanced by new developments and the continuous influx of people moving to the region, drawn by its quality of life and community spirit. The rental market is also active, appealing to those looking to settle in a peaceful environment.

Rent Prices In Opelika, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Opelika, AL, is on a rollercoaster ride. The average rent price in Opelika, AL, is $1,140.00. Indeed, when looking to rent in Opelika, AL, you can expect to pay as little as $400.00 or as much as $3,380.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Opelika, 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.