Ranburne, AL Foreclosures
How much do homes sell for in Ranburne, AL?
The average home price is currently $238,583.
In Ranburne, AL, how many homes are available?
There are currently 3 active home listings available in Ranburne.
What’s the average rental cost in Ranburne, AL?
The average rental price in Ranburne is $1,127.
What is the most expensive home in Ranburne?
The most expensive home sold in Ranburne had a price of $1,702,836.
What is currently the cheapest priced home in Ranburne, AL?
The cheapest home for sale in Ranburne is priced at $26,400.
Living in Ranburne, AL
Ranburne, Alabama, is a charming small town that offers a blend of community spirit and beautiful natural surroundings. With various outdoor activities and local amenities, it is perfect for families and individuals seeking a peaceful lifestyle. Education and community events are central to life in Ranburne, making it a desirable place to call home.
Current Market Conditions in Ranburne, AL
The real estate market in Ranburne has been relatively stable, with prices reflecting the area's modest nature. Recently, there has been an influx of interest from buyers looking for affordable housing options in a quiet and friendly community. This interest has helped maintain property values and led to a balanced market that supports both buyers and sellers.
Currently, homes in Ranburne are selling at competitive prices, driven by the affordability factor. The lack of new construction has created a tight market for existing homes, and properties that are updated or well-maintained tend to receive multiple offers. As the market trends upward, it's essential for buyers to act quickly when they find a suitable listing.
Home Value Estimator For Ranburne, AL
There are currently 644 real estate properties
in Ranburne, AL,
with a median automated valuation model (AVM) price
of $200,403.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Ranburne, 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 Ranburne, AL,
is $238,583.00, with the most expensive house
in Ranburne, AL, topping out
at $1,702,836.00 and the cheapest home
in Ranburne, AL,
clocking in at $26,400.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ranburne, AL!
Rent Prices
In Ranburne, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ranburne, AL, is on
a rollercoaster ride. The
average rent price in Ranburne, AL,
is $1,127.00. Indeed, when looking to rent in
Ranburne, AL, you can expect to pay as little
as $660.00 or as much
as $1,920.00,
with the average rent median estimated to
be $1,090.00. The good news is that finding
an affordable and desirable property to rent in Ranburne, 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.
Learn more on Foreclosure homes
