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Foreclosure Auction Homes in Opelika, AL

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Living in Opelika, AL

Opelika, AL, is a delightful city that combines historic charm with modern convenience. With an engaging community, excellent educational opportunities, and a variety of recreational activities, Opelika offers a high quality of life. Residents have access to beautiful parks, top-notch schools, and close-knit neighborhoods.

Current Market Conditions in Opelika, AL

The real estate market in Opelika is currently growing steadily, with increasing interest from homebuyers looking for affordable housing options in a friendly community. The city has seen a rise in both home prices and sales volumes, creating a competitive market that still offers good value for investment.

Significant development projects and improvements have been happening in Opelika, further enhancing its appeal. With a blend of historic properties and new construction, the city presents diverse real estate options suitable for first-time buyers, families, and investors.

Home Value Estimator For Opelika, AL

There are currently 10,295 real estate properties in Opelika, AL, with a median automated valuation model (AVM) price of $256,228.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Opelika, 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 Opelika, AL, is $291,674.00, with the most expensive house in Opelika, AL, topping out at $11,032,622.00 and the cheapest home in Opelika, AL, clocking in at $14,949.00. In other words, there’s something for every potential homebuyer or savvy investor in Opelika, AL!

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.

Opelika, AL Foreclosure Auction Homes


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