Bankruptcy Homes in Huntsville, AL

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Home Value Estimator For Huntsville, AL

There are currently 66,404 real estate properties in Huntsville, AL, with a median automated valuation model (AVM) price of $254,808.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Huntsville, 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 Huntsville, AL, is $307,056.00, with the most expensive house in Huntsville, AL, topping out at $9,298,654.00 and the cheapest home in Huntsville, AL, clocking in at $15,698.00. In other words, there’s something for every potential homebuyer or savvy investor in Huntsville, AL!

Rent Prices In Huntsville, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Huntsville, AL, is on a rollercoaster ride. The average rent price in Huntsville, AL, is $1,143.00. Indeed, when looking to rent in Huntsville, AL, you can expect to pay as little as $450.00 or as much as $3,280.00, with the average rent median estimated to be $1,070.00. The good news is that finding an affordable and desirable property to rent in Huntsville, 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 Huntsville, AL In 2024

Huntsville is located in Madison, Alabama, with an estimated municipal population of 200,574 residents. All of the best foreclosed homes for sale in Huntsville are located in the following zip code areas on 35801 35803 35802 35805 35806 35741 35824 35763 35757 35756 35810 35811 35816 35896 35762 35804 35807 35809 35814 35815 35893 35894 35895 35897 35899. The estimated population per square kilometer (.62 miles) in Huntsville is 361.

Cost Of Living In Huntsville, AL

So, about how much do homes cost in Huntsville? The most recent median value of resident-owned homes in Huntsville is 183,685. An estimated 56.7 percent of households in Huntsville own their homes, with an average family size of 2.88. The median household income in Huntsville is 55,305, with27.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Huntsville, the median commute time of resident workers (in minutes) is 19.2. And last, but certainly not least, are you looking for homes to rent in Huntsville? If so, the average rent price paid by renters in Huntsville is 827, according to recent statistics.

Diversity And Demographics In Huntsville, 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 Huntsville, 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 Huntsville is 36.9, split between 48.3 percent male versus 51.7 female. The percentage of residents who report being married in Huntsville is 44.8, with an average family size of 2.88.

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

White 61.3%
Black / African American 30.7%
Asian 2.6%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.8%
Other 2%

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

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

Under 10 11.9%
Aged 10-19 11.8%
20s 16.5%
30s 13.5%
40s 10.9%
50s 13.6%
60s 10.7%
70s 6.9%
80+ 4.4%

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

Pros And Cons Of Living In Huntsville, Alabama

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

  • 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 Huntsville.

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

Huntsville, AL Bankruptcy Homes


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