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Foreclosure Homes in Rainsville, AL

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View this home at Pineview Dr Rainsville AL 35986
Preforeclosure
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$205,397 EMV
Pineview Dr
Rainsville, AL 35986
Single-Family
1
|
1,131
EST. RENT: $1,171
|
AUCTION: 05-15-2024
Single-Family
1
|
1,131
View this home at Bailey Chapel Rd Rainsville AL 35986
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$132,894 EMV
Bailey Chapel Rd
Rainsville, AL 35986
Single-Family
1,290
EST. RENT: $1,201
|
AUCTION: 05-29-2024
Single-Family
1,290
View this home at Circle Dr Unit 7a Rainsville AL 35986
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$161,850 EMV
Circle Dr Unit 7a
Rainsville, AL 35986
Townhome
EST. RENT: $1,440
|
AUCTION: 03-28-2024
Townhome
View this home at Circle Dr Rainsville AL 35986
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Circle Dr
Rainsville, AL 35986
0
AUCTION: 03-28-2024
0
Displaying 1 - 10 of 69

Rainsville, AL Foreclosures

How much do homes sell for in Rainsville, AL?
The average home price is currently $239,123.
In Rainsville, AL, how many homes are available?
There are currently 2,156 active home listings available in Rainsville.
What’s the average rental cost in Rainsville, AL?
The average rental price in Rainsville is $1,140.
What is the most expensive home in Rainsville, Alabama?
The most expensive home sold in Rainsville had a price of $1,555,316.
What is currently the cheapest priced home in Rainsville, AL?
The cheapest home for sale in Rainsville is priced at $17,660.

Home Value Estimator For Rainsville, AL

There are currently 2,156 real estate properties in Rainsville, AL, with a median automated valuation model (AVM) price of $196,510.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rainsville, 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 Rainsville, AL, is $239,123.00, with the most expensive house in Rainsville, AL, topping out at $1,555,316.00 and the cheapest home in Rainsville, AL, clocking in at $17,660.00. In other words, there’s something for every potential homebuyer or savvy investor in Rainsville, AL!


Rent Prices In Rainsville, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rainsville, AL, is on a rollercoaster ride. The average rent price in Rainsville, AL, is $1,140.00. Indeed, when looking to rent in Rainsville, AL, you can expect to pay as little as $520.00 or as much as $2,480.00, with the average rent median estimated to be $1,100.00. The good news is that finding an affordable and desirable property to rent in Rainsville, 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.


Top Reasons To Live In Rainsville, AL In 2024

Rainsville is located in DeKalb, Alabama, with an estimated municipal population of 5,123 residents. All of the best foreclosed homes for sale in Rainsville are located in the following zip code areas on Foreclosure.com: 35986. The estimated population per square kilometer (.62 miles) in Rainsville is 95.


Cost Of Living In Rainsville, AL

So, about how much do homes cost in Rainsville? The most recent median value of resident-owned homes in Rainsville is 109,395. An estimated 65.6 percent of households in Rainsville own their homes, with an average family size of 3.26. The median household income in Rainsville is 33,295, with12.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Rainsville, the median commute time of resident workers (in minutes) is 21.5. And last, but certainly not least, are you looking for homes to rent in Rainsville? If so, the average rent price paid by renters in Rainsville is 569, according to recent statistics.


Diversity And Demographics In Rainsville, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Rainsville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Rainsville is 35.8, split between 46.8 percent male versus 53.2 female. The percentage of residents who report being married in Rainsville is 56.3, with an average family size of 3.26.

The percentage of residents who report their race in Rainsville is as follows:

White 79.9%
Black / African American 0.9%
Asian 0%
American Indian / Alaskan Native 1.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 14.1%

Looking for family-friendly neighborhoods in and/or near Rainsville? Or maybe you are searching for 55+ active adult communities in and/or near Rainsville?

The percentage of residents who report their age in Rainsville is as follows:

Under 10 17.3%
Aged 10-19 11.9%
20s 12.7%
30s 13.3%
40s 11.2%
50s 12.6%
60s 11.8%
70s 6.1%
80+ 3%

Best Schools In Rainsville, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Rainsville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Rainsville.


Pros And Cons Of Living In Rainsville, Alabama

How do you know that living in -- or moving to -- Rainsville is right where you need to be? Perhaps you grew up in Rainsville or already live nearby; therefore, the decision to buy a home in Rainsville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Rainsville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Rainsville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Rainsville.


Reasons To Move To Rainsville, Alabama, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Rainsville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Rainsville, meanwhile, can field multiple offers from more qualified buyers.

Rainsville, AL Foreclosures


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