Silverhill, AL Foreclosures
How much do homes sell for in Silverhill, AL?
The average home price is currently $356,181.
In Silverhill, AL, how many homes are available?
There are currently 29 active home listings available in Silverhill.
What’s the average rental cost in Silverhill, AL?
The average rental price in Silverhill is $1,326.
What is the most expensive home in Silverhill?
The most expensive home sold in Silverhill had a price of $5,108,462.
What is currently the cheapest priced home in Silverhill, AL?
The cheapest home for sale in Silverhill is priced at $21,687.
Living in Silverhill, AL
Silverhill, Alabama, is a community-focused town that combines Southern charm with modern living. Known for its friendly atmosphere, the town offers a variety of local amenities, excellent schools, and access to outdoor activities. It’s an ideal location for families seeking a slower-paced lifestyle with a connected community.
Current Market Conditions in Silverhill, AL
The Silverhill real estate market has been relatively stable, with a slight increase in home prices due to rising demand and limited inventory. Buyers are particularly interested in single-family homes, which are the most common property type in the area. The current market is appealing to both first-time homebuyers and investors looking for rental properties, especially given the town's charm and growth potential.
Recently, there have been indications of a healthy real estate environment, with properties typically selling within weeks, and sometimes days, of being listed. This trend suggests that the town is becoming more attractive to families and retirement seekers alike, which should continue to put upward pressure on home prices.
Home Value Estimator For Silverhill, AL
There are currently 1,488 real estate properties
in Silverhill, AL,
with a median automated valuation model (AVM) price
of $303,517.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Silverhill, 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 Silverhill, AL,
is $356,181.00, with the most expensive house
in Silverhill, AL, topping out
at $5,108,462.00 and the cheapest home
in Silverhill, AL,
clocking in at $21,687.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Silverhill, AL!
Rent Prices
In Silverhill, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Silverhill, AL, is on
a rollercoaster ride. The
average rent price in Silverhill, AL,
is $1,326.00. Indeed, when looking to rent in
Silverhill, AL, you can expect to pay as little
as $650.00 or as much
as $2,780.00,
with the average rent median estimated to
be $1,280.00. The good news is that finding
an affordable and desirable property to rent in Silverhill, 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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