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Foreclosure Homes in Wilmer, AL 36587

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Wilmer, AL Foreclosures

How much do homes sell for in Wilmer, AL?
The average home price is currently $178,195.
In Wilmer, AL, how many homes are available?
There are currently 63 active home listings available in Wilmer.
What’s the average rental cost in Wilmer, AL?
The average rental price in Wilmer is $1,062.
What is the most expensive home in Wilmer?
The most expensive home sold in Wilmer had a price of $55,169,172.
What is currently the cheapest priced home in Wilmer, AL?
The cheapest home for sale in Wilmer is priced at $9,649.

Living in Wilmer, AL

Wilmer, Alabama, is a quaint rural community that offers a mix of tranquility and convenience. With its friendly environment and proximity to Mobile, residents enjoy outdoor activities and a relaxed lifestyle. The town also provides easy access to urban amenities, making it an appealing place to live.

Current Market Conditions in Wilmer, AL

The Wilmer real estate market has been relatively stable, characterized by a modest increase in property values over the past year. This growth reflects increasing interest in rural living, especially from buyers looking for affordable housing options outside larger cities.

The demand in Wilmer has mostly come from families and first-time homebuyers, attracted by lower home prices compared to the nearby city of Mobile. As a result, the inventory remains low, but homes are selling fairly quickly, indicating a strong market.

Investors are also taking notice, seeing potential in this area as more buyers are searching for spacious properties and a relaxed lifestyle away from the urban sprawl.

Home Value Estimator For Wilmer, AL

There are currently 3,467 real estate properties in Wilmer, AL, with a median automated valuation model (AVM) price of $135,644.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wilmer, 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 Wilmer, AL, is $178,195.00, with the most expensive house in Wilmer, AL, topping out at $55,169,172.00 and the cheapest home in Wilmer, AL, clocking in at $9,649.00. In other words, there’s something for every potential homebuyer or savvy investor in Wilmer, AL!

Rent Prices In Wilmer, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wilmer, AL, is on a rollercoaster ride. The average rent price in Wilmer, AL, is $1,062.00. Indeed, when looking to rent in Wilmer, AL, you can expect to pay as little as $520.00 or as much as $2,330.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Wilmer, 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.

Wilmer, AL 36587 Foreclosures


Market Trend for Wilmer, AL

Total Listings Available: 63

Market Values:

Home Prices from $9,649 to $55,169,172

Average Sales Price: $178,195

Rental Values:

Rental from $520 to $2,330

Average Rent Value: $1,062 / month

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