There are currently 6,783 real estate properties in Sylacauga, AL, with a median automated valuation model (AVM) price of $153,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sylacauga, 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 Sylacauga, AL, is $188,778.00, with the most expensive house in Sylacauga, AL, topping out at $3,141,000.00 and the cheapest home in Sylacauga, AL, clocking in at $15,400.00. In other words, there’s something for every potential homebuyer or savvy investor in Sylacauga, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sylacauga, AL, is on a rollercoaster ride. The average rent price in Sylacauga, AL, is $1,004.00. Indeed, when looking to rent in Sylacauga, AL, you can expect to pay as little as $520.00 or as much as $2,170.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Sylacauga, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sylacauga, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sylacauga, AL and much more. Save thousands at closing with home foreclosure listings in Sylacauga, AL — up to 75% off market value!
Sylacauga is located in Talladega, Alabama, with an estimated municipal population of 12,034 residents. All of the best foreclosed homes for sale in Sylacauga are located in the following zip code areas on Foreclosure.com: 35151 35150. The estimated population per square kilometer (.62 miles) in Sylacauga is 229.
So, about how much do homes cost in Sylacauga? The most recent median value of resident-owned homes in Sylacauga is 126,308. An estimated 55.9 percent of households in Sylacauga own their homes, with an average family size of 3.16. The median household income in Sylacauga is 36,068, with15 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sylacauga, the median commute time of resident workers (in minutes) is 21.6. And last, but certainly not least, are you looking for homes to rent in Sylacauga? If so, the average rent price paid by renters in Sylacauga is 609, according to recent statistics.
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 Sylacauga, 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 Sylacauga is 36.9, split between 45.5 percent male versus 54.5 female. The percentage of residents who report being married in Sylacauga is 41.2, with an average family size of 3.16.
The percentage of residents who report their race in Sylacauga is as follows:
White | 64.1% |
Black / African American | 32.8% |
Asian | 0% |
American Indian / Alaskan Native | 1.1% |
Native Hawaiian / Other Pacifc Islander | 0.1% |
Multi-racial | 1.3% |
Other | 0.6% |
Looking for family-friendly neighborhoods in and/or near Sylacauga? Or maybe you are searching for 55+ active adult communities in and/or near Sylacauga?
The percentage of residents who report their age in Sylacauga is as follows:
Under 10 | 14.2% |
Aged 10-19 | 12.2% |
20s | 13.8% |
30s | 13.4% |
40s | 11.5% |
50s | 12.3% |
60s | 10.3% |
70s | 7.6% |
80+ | 4.7% |
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 Sylacauga with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sylacauga.
How do you know that living in -- or moving to -- Sylacauga is right where you need to be? Perhaps you grew up in Sylacauga or already live nearby; therefore, the decision to buy a home in Sylacauga is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sylacauga 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 Sylacauga:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sylacauga.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sylacauga can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sylacauga, meanwhile, can field multiple offers from more qualified buyers.
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