Walnut Grove, AL Foreclosures
How much do homes sell for in Walnut Grove, AL?
The average home price is currently $186,152.
What’s the average rental cost in Walnut Grove, AL?
The average rental price in Walnut Grove is $936.
What is the most expensive home in Walnut Grove?
The most expensive home sold in Walnut Grove had a price of $512,411.
What is currently the cheapest priced home in Walnut Grove, AL?
The cheapest home for sale in Walnut Grove is priced at $41,000.
Living in Walnut Grove, AL
Walnut Grove is a picturesque small town in Alabama that offers a tranquil lifestyle amidst natural beauty. Known for its friendly community and beautiful landscapes, it provides residents with a peaceful environment while being relatively close to larger urban areas. It's ideal for those looking to escape the hustle and bustle of city life while still having essential amenities within reach.
Current Market Conditions in Walnut Grove, AL
The real estate market in Walnut Grove is currently experiencing steady demand, with a mix of affordable housing options and properties in the mid-range price brackets. The community's appeal lies in its quiet, rural setting that attracts buyers looking for a second home or a primary residence away from city life. Overall, property values are stable, and the market shows signs of gradual growth, making it a good investment opportunity.
Recent trends indicate that the search for homes in less urbanized areas has increased as more individuals and families seek spacious homes with land and a community-oriented lifestyle. This trend is supported by a housing market that reflects competitive pricing, encouraging new buyers to enter the Walnut Grove real estate market.
Home Value Estimator For Walnut Grove, AL
There are currently 21 real estate properties
in Walnut Grove, AL,
with a median automated valuation model (AVM) price
of $184,903.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Walnut Grove, 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 Walnut Grove, AL,
is $186,152.00, with the most expensive house
in Walnut Grove, AL, topping out
at $512,411.00 and the cheapest home
in Walnut Grove, AL,
clocking in at $41,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Walnut Grove, AL!
Rent Prices
In Walnut Grove, AL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Walnut Grove, AL, is on
a rollercoaster ride. The
average rent price in Walnut Grove, AL,
is $936.00. Indeed, when looking to rent in
Walnut Grove, AL, you can expect to pay as little
as $530.00 or as much
as $1,320.00,
with the average rent median estimated to
be $990.00. The good news is that finding
an affordable and desirable property to rent in Walnut Grove, 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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