Reform, AL Foreclosures
How much do homes sell for in Reform, AL?
The average home price is currently $139,921.
In Reform, AL, how many homes are available?
There are currently 6 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 $543,547.
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 is a peaceful and welcoming town offering a charming small-town atmosphere with beautiful natural surroundings. It boasts an active lifestyle with recreational opportunities and essential amenities conveniently located nearby. This makes it an ideal location for families and individuals seeking a close-knit community.
Current Market Conditions in Reform, AL
The real estate market in Reform, AL, has exhibited stable growth over the past year. Home prices have gradually increased, reflecting the area's desirability due to its serene environment and community feel. Inventory remains modest, providing a balanced market for both buyers and sellers.
As more families and individuals seek homes in smaller towns, the demand for properties in Reform has increased. This trend is likely to continue, as higher costs of living in urban areas drive buyers toward more affordable locations.
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 $124,078.00. 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 $139,921.00, with the most expensive house
in Reform, AL, topping out
at $543,547.00 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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