Peterman, AL Foreclosures
How much do homes sell for in Peterman, AL?
The average home price is currently $136,385.
In Peterman, AL, how many homes are available?
There are currently 5 active home listings available in Peterman.
What’s the average rental cost in Peterman, AL?
The average rental price in Peterman is $844.
What is the most expensive home in Peterman?
The most expensive home sold in Peterman had a price of $566,978.
What is currently the cheapest priced home in Peterman, AL?
The cheapest home for sale in Peterman is priced at $25,800.
Living in Peterman, AL
Peterman, Alabama, is a charming small town that offers a tranquil lifestyle with close-knit community vibes. Surrounded by natural beauty, residents enjoy easy access to outdoor activities and essential amenities while maintaining a peaceful rural living experience.
Current Market Conditions in Peterman, AL
The real estate market in Peterman is experiencing gradual growth. As a rural area, properties here tend to be more affordable, attracting families and retirees seeking a quieter lifestyle. Homes are often modest in size, and demand is growing, especially among those looking for country living.
Despite being a small community, Peterman's home prices have shown resilience, with more buyers interested in the simplicity and serenity offered in this area.
Home Value Estimator For Peterman, AL
There are currently 271 real estate properties
in Peterman, AL,
with a median automated valuation model (AVM) price
of $104,543.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Peterman, 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 Peterman, AL,
is $136,385.00, with the most expensive house
in Peterman, AL, topping out
at $566,978.00 and the cheapest home
in Peterman, AL,
clocking in at $25,800.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Peterman, AL!
Rent Prices
In Peterman, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Peterman, AL, is on
a rollercoaster ride. The
average rent price in Peterman, AL,
is $844.00. Indeed, when looking to rent in
Peterman, AL, you can expect to pay as little
as $520.00 or as much
as $1,630.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Peterman, 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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