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Foreclosure Auction Homes in Opelika, AL

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Living in Opelika, AL

Opelika, AL is a vibrant city known for its friendly community, excellent schools, and beautiful parks. The city combines suburban charm with a rich array of amenities, making it an attractive location for families and investors alike. Residents enjoy a peaceful lifestyle while having access to recreational activities and cultural offerings.

Current Market Conditions in Opelika, AL

The real estate market in Opelika, AL, has shown a stable growth trend over the past few years. Home prices have steadily increased, reflecting a growing interest in the area, particularly among families and retirees seeking a tranquil environment.

As investment opportunities continue to rise, Opelika is becoming an attractive destination for real estate investors. With a relatively low cost of living and an increasing demand for housing, investors can find promising prospects in both single-family homes and multifamily units.

Home Value Estimator For Opelika, AL

There are currently 10,292 real estate properties in Opelika, AL, with a median automated valuation model (AVM) price of $249,699.00. 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 $283,279.00, with the most expensive house in Opelika, AL, topping out at $10,442,300.00 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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