Summerdale, AL Foreclosures
How much do homes sell for in Summerdale, AL?
The average home price is currently $342,899.
In Summerdale, AL, how many homes are available?
There are currently 35 active home listings available in Summerdale.
What’s the average rental cost in Summerdale, AL?
The average rental price in Summerdale is $1,277.
What is the most expensive home in Summerdale?
The most expensive home sold in Summerdale had a price of $2,606,500.
What is currently the cheapest priced home in Summerdale, AL?
The cheapest home for sale in Summerdale is priced at $16,293.
Living in Summerdale, AL
Summerdale, Alabama, is a charming town known for its friendly community and Southern hospitality. With easy access to stunning Gulf Coast beaches and a variety of recreational activities, it offers a comfortable lifestyle for families and retirees alike. A mix of local amenities and a close-knit community atmosphere make Summerdale a delightful place to call home.
Current Market Conditions in Summerdale, AL
The real estate market in Summerdale, AL is currently experiencing steady growth, driven by an influx of families and retirees attracted by the area's quality of life and affordability. As a small town, real estate prices remain lower compared to nearby coastal cities, making it appealing for homebuyers looking for value without sacrificing lifestyle. Demand has increased due to a rise in remote work opportunities, as more individuals seek homes that allow them to balance work and leisure in a tranquil setting.
Home values in Summerdale have shown consistent appreciation, with a healthy balance of supply and demand. The community's committed development efforts, including local festivals and improved infrastructure, have further enhanced its attractiveness, leading to a vibrant real estate market.
Home Value Estimator For Summerdale, AL
There are currently 1,746 real estate properties
in Summerdale, AL,
with a median automated valuation model (AVM) price
of $275,023.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Summerdale, 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 Summerdale, AL,
is $342,899.00, with the most expensive house
in Summerdale, AL, topping out
at $2,606,500.00 and the cheapest home
in Summerdale, AL,
clocking in at $16,293.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Summerdale, AL!
Rent Prices
In Summerdale, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Summerdale, AL, is on
a rollercoaster ride. The
average rent price in Summerdale, AL,
is $1,277.00. Indeed, when looking to rent in
Summerdale, AL, you can expect to pay as little
as $560.00 or as much
as $3,050.00,
with the average rent median estimated to
be $1,190.00. The good news is that finding
an affordable and desirable property to rent in Summerdale, 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.