Living in Spruce Pine, AL
Spruce Pine, AL offers a charming and peaceful environment for families and individuals alike. With its beautiful landscapes and strong community values, the area is perfect for those seeking a tranquil living experience. Ample outdoor activities and friendly local amenities make this an inviting place to call home.
Current Market Conditions in Spruce Pine, AL
The real estate market in Spruce Pine is currently favorable for buyers, with a variety of home options available at different price points. Prices remain competitive, making it an attractive market for real estate investors looking to capitalize on a growing community.
Recent trends indicate a steady increase in demand for properties in Spruce Pine, particularly among families and retirees seeking a peaceful lifestyle. The area's appeal continues to attract new residents, contributing to the ongoing growth of the local market.
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 $136,453.00. 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 $157,661.00, with the most expensive house
in Spruce Pine, AL, topping out
at $494,822.00 and the cheapest home
in Spruce Pine, AL,
clocking in at $16,629.00. 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.
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