Pennington, AL Foreclosures
How much do homes sell for in Pennington, AL?
The average home price is currently $134,240.
What’s the average rental cost in Pennington, AL?
The average rental price in Pennington is $0.
What is the most expensive home in Pennington?
The most expensive home sold in Pennington had a price of $399,060.
What is currently the cheapest priced home in Pennington, AL?
The cheapest home for sale in Pennington is priced at $36,907.
Living in Pennington, AL
Pennington, AL is a quaint town that offers a leisurely lifestyle amidst beautiful Southern landscapes. The community is welcoming, with various amenities and outdoor activities that make it ideal for families. Its proximity to larger cities provides residents with convenient access to urban conveniences while enjoying a small-town atmosphere.
Current Market Conditions in Pennington, AL
The real estate market in Pennington, AL has been stable, with home values showing moderate growth over the past year. This has made it an attractive option for first-time homebuyers looking for affordable options within a peaceful setting.
The demand for homes has increased slightly, driven by families searching for a safer and quieter environment. However, the supply remains consistent, ensuring that the market remains balanced without extreme fluctuations.
Home Value Estimator For Pennington, AL
There are currently 80 real estate properties
in Pennington, AL,
with a median automated valuation model (AVM) price
of $93,900.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pennington, 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 Pennington, AL,
is $134,240.00, with the most expensive house
in Pennington, AL, topping out
at $399,060.00 and the cheapest home
in Pennington, AL,
clocking in at $36,907.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pennington, AL!
Rent Prices
In Pennington, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pennington, AL, is on
a rollercoaster ride. The
average rent price in Pennington, AL,
is $0.00. Indeed, when looking to rent in
Pennington, AL, you can expect to pay as little
as $0.00 or as much
as $0.00,
with the average rent median estimated to
be $0.00. The good news is that finding
an affordable and desirable property to rent in Pennington, 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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