Rutledge, AL Foreclosures
How much do homes sell for in Rutledge, AL?
The average home price is currently $178,063.
What’s the average rental cost in Rutledge, AL?
The average rental price in Rutledge is $925.
What is the most expensive home in Rutledge?
The most expensive home sold in Rutledge had a price of $1,016,860.
What is currently the cheapest priced home in Rutledge, AL?
The cheapest home for sale in Rutledge is priced at $14,150.
Living in Rutledge, AL
Rutledge, Alabama, is a quaint town known for its friendly community and picturesque landscapes. With a range of local amenities and outdoor activities, it offers a peaceful lifestyle that's perfect for families and those looking to escape the hustle and bustle of city life. The area boasts reputable schools and a strong sense of community, making it an ideal place to call home.
Current Market Conditions in Rutledge, AL
The real estate market in Rutledge, AL, currently reflects a stable environment with home values growing gradually as the demand for housing in small towns increases. The charm and affordability of the area attract buyers looking for a slower-paced lifestyle, especially in the post-pandemic world. The availability of homes remains steady, while low-interest rates continue to encourage purchases, making it a favorable time for both buyers and investors.
In recent months, there has been an uptick in interest from first-time home buyers and families looking to relocate from urban settings. This trend has contributed to a slight increase in prices, although Rutledge remains affordable compared to larger markets in Alabama.
Home Value Estimator For Rutledge, AL
There are currently 177 real estate properties
in Rutledge, AL,
with a median automated valuation model (AVM) price
of $117,446.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Rutledge, 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 Rutledge, AL,
is $178,063.00, with the most expensive house
in Rutledge, AL, topping out
at $1,016,860.00 and the cheapest home
in Rutledge, AL,
clocking in at $14,150.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Rutledge, AL!
Rent Prices
In Rutledge, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Rutledge, AL, is on
a rollercoaster ride. The
average rent price in Rutledge, AL,
is $925.00. Indeed, when looking to rent in
Rutledge, AL, you can expect to pay as little
as $550.00 or as much
as $1,840.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Rutledge, 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
