Living in Tuskegee Inst, AL
Tuskegee Institute is a historic city within Alabama, known for its vibrant community and its significant ties to education and civil rights. The area houses Tuskegee University, providing both cultural and educational enrichment for its residents. With decent outdoor recreational opportunities and a charming small-town atmosphere, it is an appealing location for both families and investors.
Current Market Conditions in Tuskegee Inst, AL
The real estate market in Tuskegee Institute is currently showing signs of stability, with a modest increase in property values over the past year. Investors can find opportunities in both residential and multi-family properties, with the potential for steady rental income.
The demand for rental properties is growing, especially near educational institutions, making it a promising area for investment. The influx of students and faculty members creates an ongoing need for housing, making it a favorable market for landlords.
Home Value Estimator For Tuskegee Inst, AL
There are currently 30 real estate properties
in Tuskegee Inst, AL,
with a median automated valuation model (AVM) price
of $71,677.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Tuskegee Inst, 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 Tuskegee Inst, AL,
is $92,302.00, with the most expensive house
in Tuskegee Inst, AL, topping out
at $200,630.00 and the cheapest home
in Tuskegee Inst, AL,
clocking in at $33,554.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Tuskegee Inst, AL!
Rent Prices
In Tuskegee Inst, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Tuskegee Inst, AL, is on
a rollercoaster ride. The
average rent price in Tuskegee Inst, AL,
is $890.00. Indeed, when looking to rent in
Tuskegee Inst, AL, you can expect to pay as little
as $600.00 or as much
as $1,160.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Tuskegee Inst, 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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