Sheffield, AL Foreclosures
How much do homes sell for in Sheffield, AL?
The average home price is currently $149,132.
What’s the average rental cost in Sheffield, AL?
The average rental price in Sheffield is $887.
What is the most expensive home in Sheffield?
The most expensive home sold in Sheffield had a price of $1,622,300.
What is currently the cheapest priced home in Sheffield, AL?
The cheapest home for sale in Sheffield is priced at $13,161.
Living in Sheffield, AL
Sheffield, AL, is a charming city known for its rich musical history and family-friendly environment. Nestled near the Tennessee River, it offers abundant outdoor recreation and community events throughout the year. The welcoming atmosphere and local amenities make Sheffield an ideal place for residents seeking a small-town lifestyle with modern conveniences.
Current Market Conditions in Sheffield, AL
The real estate market in Sheffield has shown a steady increase in demand, especially in the past year. With a mix of historic homes and new construction, buyers have a variety of options to choose from. The average home price has risen slightly, indicating growing interest in the area, potentially linked to its appealing lifestyle and amenities.
Currently, the market remains active with a healthy supply of homes for sale, although inventory levels have been low. Buyers are encouraged to act quickly, as homes in desirable neighborhoods tend to move fast, reflecting the community's attractiveness.
Home Value Estimator For Sheffield, AL
There are currently 3,564 real estate properties
in Sheffield, AL,
with a median automated valuation model (AVM) price
of $124,567.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sheffield, 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 Sheffield, AL,
is $149,132.00, with the most expensive house
in Sheffield, AL, topping out
at $1,622,300.00 and the cheapest home
in Sheffield, AL,
clocking in at $13,161.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sheffield, AL!
Rent Prices
In Sheffield, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sheffield, AL, is on
a rollercoaster ride. The
average rent price in Sheffield, AL,
is $887.00. Indeed, when looking to rent in
Sheffield, AL, you can expect to pay as little
as $570.00 or as much
as $1,840.00,
with the average rent median estimated to
be $840.00. The good news is that finding
an affordable and desirable property to rent in Sheffield, 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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