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Foreclosure Homes in Steele, AL

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Steele, AL Foreclosures

How much do homes sell for in Steele, AL?
The average home price is currently $204,375.
In Steele, AL, how many homes are available?
There are currently 8 active home listings available in Steele.
What’s the average rental cost in Steele, AL?
The average rental price in Steele is $1,156.
What is the most expensive home in Steele?
The most expensive home sold in Steele had a price of $1,455,581.
What is currently the cheapest priced home in Steele, AL?
The cheapest home for sale in Steele is priced at $11,432.

Living in Steele, AL

Steele, AL, is a quaint town known for its serene environment, outdoor activities, and family-friendly amenities. It offers residents a sense of community and easy access to education and recreational opportunities. With beautiful landscapes and a close-knit atmosphere, it is perfect for those looking to enjoy a slower pace of life.

Current Market Conditions in Steele, AL

The real estate market in Steele, AL, has been steadily growing, with a mix of affordable homes and some higher-end properties. Investors can expect to find well-maintained houses that offer good value for money due to the small-town charm and increasing demand for residential properties.

Current trends indicate a shift towards more buyers looking for homes outside larger cities, leading to an upward trend in property values and potential investment opportunities in Steele. Properties here are often seen as attractive for families and retirees, which supports a healthy rental market as well.

Home Value Estimator For Steele, AL

There are currently 708 real estate properties in Steele, AL, with a median automated valuation model (AVM) price of $165,498.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Steele, 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 Steele, AL, is $204,375.00, with the most expensive house in Steele, AL, topping out at $1,455,581.00 and the cheapest home in Steele, AL, clocking in at $11,432.00. In other words, there’s something for every potential homebuyer or savvy investor in Steele, AL!

Rent Prices In Steele, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Steele, AL, is on a rollercoaster ride. The average rent price in Steele, AL, is $1,156.00. Indeed, when looking to rent in Steele, AL, you can expect to pay as little as $550.00 or as much as $2,340.00, with the average rent median estimated to be $1,120.00. The good news is that finding an affordable and desirable property to rent in Steele, 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.

Steele, AL Foreclosures


Market Trend for Steele, AL

Total Listings Available: 8

Market Values:

Home Prices from $11,432 to $1,455,581

Average Sales Price: $204,375

Rental Values:

Rental from $550 to $2,340

Average Rent Value: $1,156 / month

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