Reform, AL Foreclosures
How much do homes sell for in Reform, AL?
The average home price is currently $140,567.
In Reform, AL, how many homes are available?
There are currently 12 active home listings available in Reform.
What’s the average rental cost in Reform, AL?
The average rental price in Reform is $886.
What is the most expensive home in Reform?
The most expensive home sold in Reform had a price of $554,694.
What is currently the cheapest priced home in Reform, AL?
The cheapest home for sale in Reform is priced at $18,887.
Living in Reform, AL
Reform, Alabama, offers a quaint and peaceful lifestyle with a strong sense of community. Surrounded by nature, residents enjoy plenty of outdoor activities and have access to essential amenities. The town's schools are highly regarded, making Reform an attractive option for families.
Current Market Conditions in Reform, AL
The real estate market in Reform is currently experiencing stable conditions with a healthy balance of buyers and sellers. Home prices have seen slight fluctuations, but overall, the market remains affordable compared to urban areas. The demand for homes is steady, driven by the town's appeal to families and retirees alike.
Investors are noticing Reform's potential due to its charm and affordability. The community's growth has attracted interest, and there are signs of increasing home valuations over the next few years.
Home Value Estimator For Reform, AL
There are currently 799 real estate properties
in Reform, AL,
with a median automated valuation model (AVM) price
of $123,220.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Reform, 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 Reform, AL,
is $140,567.00, with the most expensive house
in Reform, AL, topping out
at $554,694.00 and the cheapest home
in Reform, AL,
clocking in at $18,887.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Reform, AL!
Rent Prices
In Reform, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Reform, AL, is on
a rollercoaster ride. The
average rent price in Reform, AL,
is $886.00. Indeed, when looking to rent in
Reform, AL, you can expect to pay as little
as $540.00 or as much
as $1,800.00,
with the average rent median estimated to
be $860.00. The good news is that finding
an affordable and desirable property to rent in Reform, 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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