Foreclosure Homes in Grimes, AL

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Grimes, AL Foreclosures

How much do homes sell for in Grimes, AL?
The average home price is currently $164,835.
In Grimes, AL, how many homes are available?
There are currently 47 active home listings available in Grimes.
What’s the average rental cost in Grimes, AL?
The average rental price in Grimes is $753.
What is the most expensive home in Grimes, Alabama?
The most expensive home sold in Grimes had a price of $502,000.
What is currently the cheapest priced home in Grimes, AL?
The cheapest home for sale in Grimes is priced at $32,275.

Home Value Estimator For Grimes, AL

There are currently 47 real estate properties in Grimes, AL, with a median automated valuation model (AVM) price of $89,606.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Grimes, 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 Grimes, AL, is $164,835.00, with the most expensive house in Grimes, AL, topping out at $502,000.00 and the cheapest home in Grimes, AL, clocking in at $32,275.00. In other words, there’s something for every potential homebuyer or savvy investor in Grimes, AL!

Rent Prices In Grimes, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Grimes, AL, is on a rollercoaster ride. The average rent price in Grimes, AL, is $753.00. Indeed, when looking to rent in Grimes, AL, you can expect to pay as little as $690.00 or as much as $980.00, with the average rent median estimated to be $720.00. The good news is that finding an affordable and desirable property to rent in Grimes, 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 Grimes, AL In 2024

Grimes is located in Dale, Alabama, with an estimated municipal population of 556 residents. All of the best foreclosed homes for sale in Grimes are located in the following zip code areas on 36303 36350. The estimated population per square kilometer (.62 miles) in Grimes is 171.

Cost Of Living In Grimes, AL

So, about how much do homes cost in Grimes? The most recent median value of resident-owned homes in Grimes is 62,063. An estimated 79.3 percent of households in Grimes own their homes, with an average family size of 2.78. The median household income in Grimes is 40,595, with6.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Grimes, the median commute time of resident workers (in minutes) is 17.4. And last, but certainly not least, are you looking for homes to rent in Grimes? If so, the average rent price paid by renters in Grimes is 933, according to recent statistics.

Diversity And Demographics In Grimes, 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 Grimes, 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 Grimes is 37, split between 49.7 percent male versus 50.3 female. The percentage of residents who report being married in Grimes is 35.5, with an average family size of 2.78.

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

White 67.1%
Black / African American 26.4%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.6%
Other 0%

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

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

Under 10 10.2%
Aged 10-19 22.1%
20s 6.7%
30s 15.4%
40s 13.8%
50s 14.9%
60s 9.7%
70s 6.9%
80+ 0.6%

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

Pros And Cons Of Living In Grimes, Alabama

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

  • 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 Grimes.

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

Grimes, AL Foreclosures


Listing types in Grimes, AL

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