Bankruptcy Homes in Centre, AL

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Home Value Estimator For Centre, AL

There are currently 3,028 real estate properties in Centre, AL, with a median automated valuation model (AVM) price of $186,270.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Centre, 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 Centre, AL, is $238,914.00, with the most expensive house in Centre, AL, topping out at $2,193,965.00 and the cheapest home in Centre, AL, clocking in at $12,460.00. In other words, there’s something for every potential homebuyer or savvy investor in Centre, AL!

Rent Prices In Centre, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centre, AL, is on a rollercoaster ride. The average rent price in Centre, AL, is $1,106.00. Indeed, when looking to rent in Centre, AL, you can expect to pay as little as $520.00 or as much as $1,940.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Centre, 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 Centre, AL In 2024

Centre is located in Cherokee, Alabama, with an estimated municipal population of 3,542 residents. All of the best foreclosed homes for sale in Centre are located in the following zip code areas on 35960. The estimated population per square kilometer (.62 miles) in Centre is 121.

Cost Of Living In Centre, AL

So, about how much do homes cost in Centre? The most recent median value of resident-owned homes in Centre is 129,266. An estimated 53.5 percent of households in Centre own their homes, with an average family size of 2.59. The median household income in Centre is 36,263, with8.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Centre, the median commute time of resident workers (in minutes) is 24.1. And last, but certainly not least, are you looking for homes to rent in Centre? If so, the average rent price paid by renters in Centre is 606, according to recent statistics.

Diversity And Demographics In Centre, 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 Centre, 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 Centre is 53.4, split between 45.3 percent male versus 54.7 female. The percentage of residents who report being married in Centre is 38.5, with an average family size of 2.59.

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

White 86.2%
Black / African American 10.6%
Asian 0%
American Indian / Alaskan Native 1.1%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 0%

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

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

Under 10 7.4%
Aged 10-19 10.9%
20s 10%
30s 6.5%
40s 12.6%
50s 15.2%
60s 12.6%
70s 15.8%
80+ 9.1%

Best Schools In Centre, 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 Centre with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Centre.

Pros And Cons Of Living In Centre, Alabama

How do you know that living in -- or moving to -- Centre is right where you need to be? Perhaps you grew up in Centre or already live nearby; therefore, the decision to buy a home in Centre is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Centre 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 Centre:

  • 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 Centre.

Reasons To Move To Centre, 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 Centre can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Centre, meanwhile, can field multiple offers from more qualified buyers.

Centre, AL Bankruptcy Homes


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