Spruce Pine, AL Foreclosures
How much do homes sell for in Spruce Pine, AL?
The average home price is currently $168,247.
In Spruce Pine, AL, how many homes are available?
There are currently 10 active home listings available in Spruce Pine.
What’s the average rental cost in Spruce Pine, AL?
The average rental price in Spruce Pine is $976.
What is the most expensive home in Spruce Pine?
The most expensive home sold in Spruce Pine had a price of $530,124.
What is currently the cheapest priced home in Spruce Pine, AL?
The cheapest home for sale in Spruce Pine is priced at $16,604.
Living in Spruce Pine, AL
Spruce Pine, Alabama is a small, peaceful community known for its scenic landscapes and friendly atmosphere. The area features a close-knit community vibe, with a variety of outdoor activities available for residents. From hiking in the nearby Appalachian Mountains to enjoying local parks, Spruce Pine offers a charming lifestyle well-suited for families and nature enthusiasts alike.
Current Market Conditions in Spruce Pine, AL
The real estate market in Spruce Pine, AL has shown promising growth over the past few months, with increased interest from homebuyers drawn to its rural appeal and affordability. Current inventory levels are low, leading to a competitive marketplace, particularly for single-family homes.
A trend is emerging where potential buyers, especially those from urban areas, are seeking the tranquility and space that Spruce Pine offers. This is reflected in the recent uptick in property valuations and quick sales of homes listed on the market.
Home Value Estimator For Spruce Pine, AL
There are currently 149 real estate properties
in Spruce Pine, AL,
with a median automated valuation model (AVM) price
of $148,784.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Spruce Pine, 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 Spruce Pine, AL,
is $168,247.00, with the most expensive house
in Spruce Pine, AL, topping out
at $530,124.00 and the cheapest home
in Spruce Pine, AL,
clocking in at $16,604.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Spruce Pine, AL!
Rent Prices
In Spruce Pine, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Spruce Pine, AL, is on
a rollercoaster ride. The
average rent price in Spruce Pine, AL,
is $976.00. Indeed, when looking to rent in
Spruce Pine, AL, you can expect to pay as little
as $680.00 or as much
as $1,780.00,
with the average rent median estimated to
be $930.00. The good news is that finding
an affordable and desirable property to rent in Spruce Pine, 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
