There are currently 483 real estate properties in Sweet Water, AL, with a median automated valuation model (AVM) price of $131,026.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sweet Water, 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 Sweet Water, AL, is $154,866.00, with the most expensive house in Sweet Water, AL, topping out at $694,409.00 and the cheapest home in Sweet Water, AL, clocking in at $13,466.00. In other words, there’s something for every potential homebuyer or savvy investor in Sweet Water, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sweet Water, AL, is on a rollercoaster ride. The average rent price in Sweet Water, AL, is $891.00. Indeed, when looking to rent in Sweet Water, AL, you can expect to pay as little as $530.00 or as much as $1,730.00, with the average rent median estimated to be $850.00. The good news is that finding an affordable and desirable property to rent in Sweet Water, 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.
Sweet Water is located in Marengo, Alabama, with an estimated municipal population of 244 residents. All of the best foreclosed homes for sale in Sweet Water are located in the following zip code areas on Foreclosure.com: 36782. The estimated population per square kilometer (.62 miles) in Sweet Water is 40.
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 Sweet Water, 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 Sweet Water is 28.3, split between 53.5 percent male versus 46.5 female. The percentage of residents who report being married in Sweet Water is 59.9, with an average family size of 4.06.
The percentage of residents who report their race in Sweet Water is as follows:
|Black / African American
|American Indian / Alaskan Native
|Native Hawaiian / Other Pacifc Islander
Looking for family-friendly neighborhoods in and/or near Sweet Water? Or maybe you are searching for 55+ active adult communities in and/or near Sweet Water?
The percentage of residents who report their age in Sweet Water is as follows:
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 Sweet Water with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sweet Water.
How do you know that living in -- or moving to -- Sweet Water is right where you need to be? Perhaps you grew up in Sweet Water or already live nearby; therefore, the decision to buy a home in Sweet Water is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sweet Water 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 Sweet Water:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sweet Water.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sweet Water can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sweet Water, meanwhile, can field multiple offers from more qualified buyers.
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