Cheap Homes in Fort Deposit, AL

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View this home at Mitchell Rd Fort Deposit AL 36032
$24,900 List Price

| 928 Sq. Ft.

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Home Value Estimator For Fort Deposit, AL

There are currently 482 real estate properties in Fort Deposit, AL, with a median automated valuation model (AVM) price of $158,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Fort Deposit, 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 Fort Deposit, AL, is $211,325.00, with the most expensive house in Fort Deposit, AL, topping out at $6,890,700.00 and the cheapest home in Fort Deposit, AL, clocking in at $23,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Fort Deposit, AL!

Rent Prices In Fort Deposit, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fort Deposit, AL, is on a rollercoaster ride. The average rent price in Fort Deposit, AL, is $1,149.00. Indeed, when looking to rent in Fort Deposit, AL, you can expect to pay as little as $690.00 or as much as $2,150.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Fort Deposit, 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.

Foreclosure Homes in Fort Deposit, AL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Fort Deposit, AL area at Get information on foreclosure homes for rent, how to buy foreclosures in Fort Deposit, AL and much more. Save thousands at closing with home foreclosure listings in Fort Deposit, AL — up to 75% off market value!

Top Reasons To Live In Fort Deposit, AL In 2023

Fort Deposit is located in Lowndes, Alabama, with an estimated municipal population of 1,155 residents. All of the best foreclosed homes for sale in Fort Deposit are located in the following zip code areas on 36032. The estimated population per square kilometer (.62 miles) in Fort Deposit is 78.

Cost Of Living In Fort Deposit, AL

So, about how much do homes cost in Fort Deposit? The most recent median value of resident-owned homes in Fort Deposit is 63,307. An estimated 57.5 percent of households in Fort Deposit own their homes, with an average family size of 2.99. The median household income in Fort Deposit is 34,107, with11.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Fort Deposit, the median commute time of resident workers (in minutes) is 28.4. And last, but certainly not least, are you looking for homes to rent in Fort Deposit? If so, the average rent price paid by renters in Fort Deposit is 383, according to recent statistics.

Diversity And Demographics In Fort Deposit, 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 Fort Deposit, 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 Fort Deposit is 31.9, split between 42.9 percent male versus 57.1 female. The percentage of residents who report being married in Fort Deposit is 34.9, with an average family size of 2.99.

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

White 15.4%
Black / African American 84.6%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

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

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

Under 10 15.7%
Aged 10-19 14%
20s 14.3%
30s 15.1%
40s 18.2%
50s 12.9%
60s 5.1%
70s 2.4%
80+ 2.2%

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

Pros And Cons Of Living In Fort Deposit, Alabama

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

  • 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 Fort Deposit.

Reasons To Move To Fort Deposit, Alabama, In 2023

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

Cheap Homes in Fort Deposit, AL


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