Triana, AL Foreclosures
How much do homes sell for in Triana, AL?
The average home price is currently $208,871.
What’s the average rental cost in Triana, AL?
The average rental price in Triana is $819.
What is the most expensive home in Triana?
The most expensive home sold in Triana had a price of $711,440.
What is currently the cheapest priced home in Triana, AL?
The cheapest home for sale in Triana is priced at $10,698.
Living in Triana, AL
Triana is a small, welcoming town located in Madison County, Alabama. Nestled along the picturesque banks of the Tennessee River, it offers a blend of scenic views and a tight-knit community atmosphere. With its charming residential areas and community events, Triana ensures a peaceful living experience while being conveniently close to the city of Huntsville.
Current Market Conditions in Triana, AL
The real estate market in Triana is currently experiencing steady growth. Home prices have seen an increase due to the favorable location near Huntsville, which attracts many new residents looking for more affordable housing options while still enjoying the conveniences of city life. The small-town charm coupled with access to urban amenities is appealing to both families and retirees alike.
As of late 2023, the inventory of homes for sale has slightly decreased, leading to increased competition among buyers. This trend indicates a recovering market, as more families seek residential properties in tranquil communities away from bustling cities. Recent developments in and around Triana are contributing positively to the market's momentum.
Home Value Estimator For Triana, AL
There are currently 28 real estate properties
in Triana, AL,
with a median automated valuation model (AVM) price
of $114,543.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Triana, 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 Triana, AL,
is $208,871.00, with the most expensive house
in Triana, AL, topping out
at $711,440.00 and the cheapest home
in Triana, AL,
clocking in at $10,698.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Triana, AL!
Rent Prices
In Triana, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Triana, AL, is on
a rollercoaster ride. The
average rent price in Triana, AL,
is $819.00. Indeed, when looking to rent in
Triana, AL, you can expect to pay as little
as $490.00 or as much
as $1,410.00,
with the average rent median estimated to
be $780.00. The good news is that finding
an affordable and desirable property to rent in Triana, 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.
Learn more on Foreclosure homes
