Foreclosure Homes in Lynn, AL

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Lynn, AL Foreclosures

How much do homes sell for in Lynn, AL?
The average home price is currently $84,973.
In Lynn, AL, how many homes are available?
There are currently 242 active home listings available in Lynn.
What’s the average rental cost in Lynn, AL?
The average rental price in Lynn is $863.
What is the most expensive home in Lynn, Alabama?
The most expensive home sold in Lynn had a price of $352,752.
What is currently the cheapest priced home in Lynn, AL?
The cheapest home for sale in Lynn is priced at $14,016.

Home Value Estimator For Lynn, AL

There are currently 242 real estate properties in Lynn, AL, with a median automated valuation model (AVM) price of $72,647.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lynn, 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 Lynn, AL, is $84,973.00, with the most expensive house in Lynn, AL, topping out at $352,752.00 and the cheapest home in Lynn, AL, clocking in at $14,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Lynn, AL!

Rent Prices In Lynn, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lynn, AL, is on a rollercoaster ride. The average rent price in Lynn, AL, is $863.00. Indeed, when looking to rent in Lynn, AL, you can expect to pay as little as $520.00 or as much as $1,850.00, with the average rent median estimated to be $830.00. The good news is that finding an affordable and desirable property to rent in Lynn, 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 Lynn, AL In 2024

Lynn is located in Winston, Alabama, with an estimated municipal population of 635 residents. All of the best foreclosed homes for sale in Lynn are located in the following zip code areas on 35565 35575. The estimated population per square kilometer (.62 miles) in Lynn is 23.

Cost Of Living In Lynn, AL

So, about how much do homes cost in Lynn? The most recent median value of resident-owned homes in Lynn is 76,022. An estimated 72.3 percent of households in Lynn own their homes, with an average family size of 3.03. The median household income in Lynn is 32,031, with7.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Lynn, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Lynn? If so, the average rent price paid by renters in Lynn is 638, according to recent statistics.

Diversity And Demographics In Lynn, 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 Lynn, 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 Lynn is 47.4, split between 43.9 percent male versus 56.1 female. The percentage of residents who report being married in Lynn is 46.2, with an average family size of 3.03.

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

White 99.2%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.8%
Other 0%

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

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

Under 10 13.7%
Aged 10-19 7.1%
20s 13.9%
30s 6.5%
40s 13.6%
50s 16.8%
60s 10.7%
70s 11.1%
80+ 6.6%

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

Pros And Cons Of Living In Lynn, Alabama

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

  • 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 Lynn.

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

Lynn, AL Foreclosures


Listing types in Lynn, AL

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