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Foreclosure Homes in Sheffield, AL

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Sheffield, AL Foreclosures

How much do homes sell for in Sheffield, AL?
The average home price is currently $148,995.
In Sheffield, AL, how many homes are available?
There are currently 55 active home listings available in Sheffield.
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 $1,705,339.
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 with a rich musical history and a welcoming community. It offers a variety of amenities, including parks, shops, and restaurants, making it perfect for families and individuals alike. With easy transportation access, Sheffield is a great place to call home.

Current Market Conditions in Sheffield, AL

The real estate market in Sheffield is currently experiencing moderate growth, driven by a steady demand for housing. With a mix of older homes and new constructions, buyers have various options to choose from, catering to different budgets and preferences.

In recent years, Sheffield has seen an influx of families and young professionals looking for affordable housing paired with a strong sense of community. This trend suggests a bright future for the local housing market as more developments are underway.

Home Value Estimator For Sheffield, AL

There are currently 3,565 real estate properties in Sheffield, AL, with a median automated valuation model (AVM) price of $122,656.00. 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 $148,995.00, with the most expensive house in Sheffield, AL, topping out at $1,705,339.00 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.

Sheffield, AL Foreclosures

Market Trend for Sheffield, AL

Total Listings Available: 55

Market Values:

Home Prices from $13,161 to $1,705,339

Average Sales Price: $148,995

Rental Values:

Rental from $570 to $1,840

Average Rent Value: $887 / month

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