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Foreclosure Auction Homes in Spruce Pine, AL

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Living in Spruce Pine, AL

Spruce Pine, Alabama, is a picturesque small town known for its friendly community and tranquil rural life. Residents enjoy a variety of outdoor activities and have access to essential amenities. The area is perfect for those looking to escape the hustle and bustle of city life.

Current Market Conditions in Spruce Pine, AL

The real estate market in Spruce Pine has been experiencing steady growth lately, with a slow but consistent increase in property values. This trend is likely due to a combination of low inventory and an influx of buyers seeking a quieter lifestyle away from larger urban centers.

Currently, the demand for homes in Spruce Pine is high, with limited listings available. This has led to a competitive housing market where buyers are encouraged to act quickly when a new listing becomes available.

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 $139,723.00. 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 $158,424.00, with the most expensive house in Spruce Pine, AL, topping out at $504,778.00 and the cheapest home in Spruce Pine, AL, clocking in at $16,839.00. 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.

Spruce Pine, AL Foreclosure Auction Homes


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