Foreclosure Homes in Mulga, AL

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34 View this home at Brandy Ln Sylvan Springs AL 35118
Brandy Ln
Sylvan Springs, AL 35118
2 |
AUCTION: 04-16-2024
2 |
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Mulga, AL Foreclosures

How much do homes sell for in Mulga, AL?
The average home price is currently $120,813.
In Mulga, AL, how many homes are available?
There are currently 789 active home listings available in Mulga.
What’s the average rental cost in Mulga, AL?
The average rental price in Mulga is $901.
What is the most expensive home in Mulga, Alabama?
The most expensive home sold in Mulga had a price of $827,531.
What is currently the cheapest priced home in Mulga, AL?
The cheapest home for sale in Mulga is priced at $12,533.

Home Value Estimator For Mulga, AL

There are currently 789 real estate properties in Mulga, AL, with a median automated valuation model (AVM) price of $91,344.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mulga, 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 Mulga, AL, is $120,813.00, with the most expensive house in Mulga, AL, topping out at $827,531.00 and the cheapest home in Mulga, AL, clocking in at $12,533.00. In other words, there’s something for every potential homebuyer or savvy investor in Mulga, AL!

Rent Prices In Mulga, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mulga, AL, is on a rollercoaster ride. The average rent price in Mulga, AL, is $901.00. Indeed, when looking to rent in Mulga, AL, you can expect to pay as little as $490.00 or as much as $2,220.00, with the average rent median estimated to be $840.00. The good news is that finding an affordable and desirable property to rent in Mulga, 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 Mulga, AL In 2024

Mulga is located in Jefferson, Alabama, with an estimated municipal population of 810 residents. All of the best foreclosed homes for sale in Mulga are located in the following zip code areas on 35005 35118. The estimated population per square kilometer (.62 miles) in Mulga is 487.

Cost Of Living In Mulga, AL

So, about how much do homes cost in Mulga? The most recent median value of resident-owned homes in Mulga is 56,352. An estimated 66.9 percent of households in Mulga own their homes, with an average family size of 2.88. The median household income in Mulga is 36,875, with5.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Mulga, the median commute time of resident workers (in minutes) is 32.5. And last, but certainly not least, are you looking for homes to rent in Mulga? If so, the average rent price paid by renters in Mulga is 812, according to recent statistics.

Diversity And Demographics In Mulga, 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 Mulga, 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 Mulga is 43.9, split between 54.7 percent male versus 45.3 female. The percentage of residents who report being married in Mulga is 42.8, with an average family size of 2.88.

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

White 77.9%
Black / African American 16.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.6%
Other 0%

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

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

Under 10 12.5%
Aged 10-19 8.1%
20s 15.3%
30s 11%
40s 13.3%
50s 16.4%
60s 8.8%
70s 10.3%
80+ 4.5%

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

Pros And Cons Of Living In Mulga, Alabama

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

  • 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 Mulga.

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

Mulga, AL Foreclosures


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