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Foreclosure Homes in Double Springs, AL

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Double Springs, AL Foreclosures

How much do homes sell for in Double Springs, AL?
The average home price is currently $202,895.
In Double Springs, AL, how many homes are available?
There are currently 1,408 active home listings available in Double Springs.
What’s the average rental cost in Double Springs, AL?
The average rental price in Double Springs is $942.
What is the most expensive home in Double Springs, Alabama?
The most expensive home sold in Double Springs had a price of $2,405,525.
What is currently the cheapest priced home in Double Springs, AL?
The cheapest home for sale in Double Springs is priced at $13,589.

Home Value Estimator For Double Springs, AL

There are currently 1,408 real estate properties in Double Springs, AL, with a median automated valuation model (AVM) price of $141,516.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Double Springs, 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 Double Springs, AL, is $202,895.00, with the most expensive house in Double Springs, AL, topping out at $2,405,525.00 and the cheapest home in Double Springs, AL, clocking in at $13,589.00. In other words, there’s something for every potential homebuyer or savvy investor in Double Springs, AL!


Rent Prices In Double Springs, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Double Springs, AL, is on a rollercoaster ride. The average rent price in Double Springs, AL, is $942.00. Indeed, when looking to rent in Double Springs, AL, you can expect to pay as little as $520.00 or as much as $1,900.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Double Springs, 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 Double Springs, AL In 2024

Double Springs is located in Winston, Alabama, with an estimated municipal population of 1,062 residents. All of the best foreclosed homes for sale in Double Springs are located in the following zip code areas on Foreclosure.com: 35553. The estimated population per square kilometer (.62 miles) in Double Springs is 80.


Cost Of Living In Double Springs, AL

So, about how much do homes cost in Double Springs? The most recent median value of resident-owned homes in Double Springs is 88,266. An estimated 56.9 percent of households in Double Springs own their homes, with an average family size of 3.13. The median household income in Double Springs is 26,442, with12.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Double Springs, the median commute time of resident workers (in minutes) is 23.2. And last, but certainly not least, are you looking for homes to rent in Double Springs? If so, the average rent price paid by renters in Double Springs is 482, according to recent statistics.


Diversity And Demographics In Double Springs, 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 Double Springs, 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 Double Springs is 36.3, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Double Springs is 33.4, with an average family size of 3.13.

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

White 90.6%
Black / African American 1.7%
Asian 0%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 7.3%
Other 0.2%

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

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

Under 10 19.9%
Aged 10-19 16.1%
20s 11.1%
30s 8.9%
40s 11.6%
50s 9.8%
60s 7.3%
70s 7.7%
80+ 7.6%

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


Pros And Cons Of Living In Double Springs, Alabama

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

  • 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 Double Springs.


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

Double Springs, AL Foreclosures


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