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Foreclosure Homes in Sumiton, AL 35148

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Sumiton, AL Foreclosures

How much do homes sell for in Sumiton, AL?
The average home price is currently $156,502.
In Sumiton, AL, how many homes are available?
There are currently 9 active home listings available in Sumiton.
What’s the average rental cost in Sumiton, AL?
The average rental price in Sumiton is $966.
What is the most expensive home in Sumiton?
The most expensive home sold in Sumiton had a price of $1,609,154.
What is currently the cheapest priced home in Sumiton, AL?
The cheapest home for sale in Sumiton is priced at $7,482.

Living in Sumiton, AL

Sumiton, Alabama, is a quaint town known for its friendly community and idyllic lifestyle. With numerous outdoor recreational opportunities and local amenities, it's an ideal place for families and those seeking a peaceful living environment. Residents enjoy rich local culture and easy access to nature, making it a hidden gem in Alabama.

Current Market Conditions in Sumiton, AL

The real estate market in Sumiton is currently favorable for buyers, with a variety of housing options ranging from traditional single-family homes to modern builds. The average home prices have shown stability in the past year, attracting first-time buyers and investors looking for affordable properties.

Demand for homes in Sumiton is gradually increasing, spurred by its appealing lifestyle and community-focused atmosphere. Investors can benefit from the potential for appreciation as more families look to settle in the area for its affordability and quality of life.

Home Value Estimator For Sumiton, AL

There are currently 979 real estate properties in Sumiton, AL, with a median automated valuation model (AVM) price of $146,914.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sumiton, 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 Sumiton, AL, is $156,502.00, with the most expensive house in Sumiton, AL, topping out at $1,609,154.00 and the cheapest home in Sumiton, AL, clocking in at $7,482.00. In other words, there’s something for every potential homebuyer or savvy investor in Sumiton, AL!

Rent Prices In Sumiton, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sumiton, AL, is on a rollercoaster ride. The average rent price in Sumiton, AL, is $966.00. Indeed, when looking to rent in Sumiton, AL, you can expect to pay as little as $530.00 or as much as $1,920.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Sumiton, 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.

Sumiton, AL 35148 Foreclosures


Market Trend for Sumiton, AL

Total Listings Available: 9

Market Values:

Home Prices from $7,482 to $1,609,154

Average Sales Price: $156,502

Rental Values:

Rental from $530 to $1,920

Average Rent Value: $966 / month

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