Silas, AL Foreclosures
How much do homes sell for in Silas, AL?
The average home price is currently $137,190.
In Silas, AL, how many homes are available?
There are currently 7 active home listings available in Silas.
What’s the average rental cost in Silas, AL?
The average rental price in Silas is $763.
What is the most expensive home in Silas?
The most expensive home sold in Silas had a price of $662,100.
What is currently the cheapest priced home in Silas, AL?
The cheapest home for sale in Silas is priced at $31,493.
Living in Silas, AL
Silas, Alabama is a small rural community located in the heart of Choctaw County. It offers a tranquil lifestyle surrounded by nature, ideal for families and retirees alike. The area is characterized by warm hospitality and a tight-knit community, making it perfect for those looking to escape the hustle and bustle of city life.
Current Market Conditions in Silas, AL
The real estate market in Silas is relatively stable, featuring a mix of older homes and newer constructions, often at lower price points compared to urban areas. The community appeals to buyers looking for affordable housing and land for farming or outdoor activities. The demand for homes is steady, particularly from families seeking a rural lifestyle.
Recently, there has been an increasing interest from buyers relocating from larger urban areas, drawn by the promise of cheaper homes and a slower pace of life. This trend has resulted in a slight uptick in home prices, though Silas remains an affordable option for many with a median house price well below the national average.
Home Value Estimator For Silas, AL
There are currently 273 real estate properties
in Silas, AL,
with a median automated valuation model (AVM) price
of $108,202.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silas, 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 Silas, AL,
is $137,190.00, with the most expensive house
in Silas, AL, topping out
at $662,100.00 and the cheapest home
in Silas, AL,
clocking in at $31,493.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silas, AL!
Rent Prices
In Silas, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silas, AL, is on
a rollercoaster ride. The
average rent price in Silas, AL,
is $763.00. Indeed, when looking to rent in
Silas, AL, you can expect to pay as little
as $620.00 or as much
as $910.00,
with the average rent median estimated to
be $760.00. The good news is that finding
an affordable and desirable property to rent in Silas, 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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