Silas, AL Foreclosures
How much do homes sell for in Silas, AL?
The average home price is currently $141,835.
In Silas, AL, how many homes are available?
There are currently 9 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 $687,500.
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 town that embodies the essence of Southern living, featuring a friendly community and various outdoor activities. The area offers essential amenities, good schools, and scenic landscapes, making it an attractive place for families and individuals seeking a quieter lifestyle. Experience the warmth of Southern hospitality in Silas, a hidden gem in Alabama.
Current Market Conditions in Silas, AL
Silas, AL has been experiencing a stable real estate market characterized by modest home prices and a slow but steady growth in property values. The community remains attractive to buyers interested in rural living while still being close to more urban amenities in larger neighboring towns. Interest from first-time homebuyers is increasing, making the market favorable for sellers.
The demand for properties in Silas is driven by its affordability and the appeal of rural life. Despite being a small community, the area has shown resilience during economic fluctuations, maintaining consistent prices in the housing market.
Home Value Estimator For Silas, AL
There are currently 337 real estate properties
in Silas, AL,
with a median automated valuation model (AVM) price
of $109,200.00. 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 $141,835.00, with the most expensive house
in Silas, AL, topping out
at $687,500.00 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.
Learn more on Foreclosure homes
