Rent To Own Homes in Prichard, AL

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View this home at N College St Prichard AL 36610
$136,770 EMV
N College St
Prichard, AL 36610
3 |
EST. RENT: $1,121
AUCTION: 05-07-2024
3 |
View this home at Irby St Prichard AL 36610
$38,669 EMV
Irby St
Prichard, AL 36610
EST. RENT: $860
AUCTION: 05-01-2024
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Home Value Estimator For Prichard, AL

There are currently 3,960 real estate properties in Prichard, AL, with a median automated valuation model (AVM) price of $31,107.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prichard, 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 Prichard, AL, is $43,230.00, with the most expensive house in Prichard, AL, topping out at $2,950,000.00 and the cheapest home in Prichard, AL, clocking in at $9,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Prichard, AL!

Rent Prices In Prichard, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prichard, AL, is on a rollercoaster ride. The average rent price in Prichard, AL, is $833.00. Indeed, when looking to rent in Prichard, AL, you can expect to pay as little as $500.00 or as much as $2,120.00, with the average rent median estimated to be $790.00. The good news is that finding an affordable and desirable property to rent in Prichard, 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 Prichard, AL In 2024

Prichard is located in Mobile, Alabama, with an estimated municipal population of 21,428 residents. All of the best foreclosed homes for sale in Prichard are located in the following zip code areas on 36616 36610 36613 36612 36663. The estimated population per square kilometer (.62 miles) in Prichard is 326.

Cost Of Living In Prichard, AL

So, about how much do homes cost in Prichard? The most recent median value of resident-owned homes in Prichard is 68,409. An estimated 58.4 percent of households in Prichard own their homes, with an average family size of 3.7. The median household income in Prichard is 29,009, with6.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Prichard, the median commute time of resident workers (in minutes) is 24.4. And last, but certainly not least, are you looking for homes to rent in Prichard? If so, the average rent price paid by renters in Prichard is 717, according to recent statistics.

Diversity And Demographics In Prichard, 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 Prichard, 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 Prichard is 35.2, split between 47.8 percent male versus 52.2 female. The percentage of residents who report being married in Prichard is 28.4, with an average family size of 3.7.

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

White 9.1%
Black / African American 89.7%
Asian 0.3%
American Indian / Alaskan Native 0.6%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0.3%
Other 0.1%

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

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

Under 10 15.9%
Aged 10-19 14.3%
20s 14.2%
30s 9.9%
40s 8.8%
50s 13%
60s 13%
70s 7%
80+ 3.9%

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

Pros And Cons Of Living In Prichard, Alabama

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

  • 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 Prichard.

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

Prichard, AL Rent To Own Homes


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