Spruce Pine, AL Foreclosures
How much do homes sell for in Spruce Pine, AL?
The average home price is currently $161,565.
In Spruce Pine, AL, how many homes are available?
There are currently 8 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 $978.
What is the most expensive home in Spruce Pine?
The most expensive home sold in Spruce Pine had a price of $527,170.
What is currently the cheapest priced home in Spruce Pine, AL?
The cheapest home for sale in Spruce Pine is priced at $16,638.
Living in Spruce Pine, AL
Spruce Pine is a small, charming community nestled in the beautiful hills of Alabama. Residents enjoy a peaceful lifestyle surrounded by nature, with easy access to recreational activities. The town maintains its close-knit atmosphere, making it an ideal place for families and retirees alike.
Current Market Conditions in Spruce Pine, AL
The real estate market in Spruce Pine remains stable, with a steady demand for properties, particularly single-family homes. Over the past few months, there has been a slight increase in home sales, indicating a growing interest in the area, potentially linked to its attractiveness as a retreat from larger cities.
Homes in Spruce Pine are generally affordably priced, making it an appealing location for first-time buyers and those looking for investment opportunities. The market has seen a moderate appreciation in property values over the past year, driven by the area's scenic beauty and strong community ties.
Home Value Estimator For Spruce Pine, AL
There are currently 123 real estate properties
in Spruce Pine, AL,
with a median automated valuation model (AVM) price
of $141,146.00. 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 $161,565.00, with the most expensive house
in Spruce Pine, AL, topping out
at $527,170.00 and the cheapest home
in Spruce Pine, AL,
clocking in at $16,638.00. 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 $978.00. 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
