There are currently 167 real estate properties in Vestavia Hills, AL, with a median automated valuation model (AVM) price of $743,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Vestavia Hills, 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 Vestavia Hills, AL, is $835,420.00, with the most expensive house in Vestavia Hills, AL, topping out at $4,994,600.00 and the cheapest home in Vestavia Hills, AL, clocking in at $70,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Vestavia Hills, AL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Vestavia Hills, AL, is on a rollercoaster ride. The average rent price in Vestavia Hills, AL, is $2,618.00. Indeed, when looking to rent in Vestavia Hills, AL, you can expect to pay as little as $800.00 or as much as $3,900.00, with the average rent median estimated to be $2,780.00. The good news is that finding an affordable and desirable property to rent in Vestavia Hills, 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 Vestavia Hills, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Vestavia Hills, AL and much more. Save thousands at closing with home foreclosure listings in Vestavia Hills, AL — up to 75% off market value!
Vestavia Hills is located in Jefferson, Alabama, with an estimated municipal population of 34,413 residents. All of the best foreclosed homes for sale in Vestavia Hills are located in the following zip code areas on Foreclosure.com: 35216 35243 35242 35266 35288. The estimated population per square kilometer (.62 miles) in Vestavia Hills is 668.
So, about how much do homes cost in Vestavia Hills? The most recent median value of resident-owned homes in Vestavia Hills is 376,524. An estimated 78.3 percent of households in Vestavia Hills own their homes, with an average family size of 3.09. The median household income in Vestavia Hills is 109,485, with55 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Vestavia Hills, the median commute time of resident workers (in minutes) is 21.3. And last, but certainly not least, are you looking for homes to rent in Vestavia Hills? If so, the average rent price paid by renters in Vestavia Hills is 1,218, 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 Vestavia Hills, 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 Vestavia Hills is 39.2, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Vestavia Hills is 63.8, with an average family size of 3.09.
The percentage of residents who report their race in Vestavia Hills is as follows:
|Black / African American||5%|
|American Indian / Alaskan Native||0%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Vestavia Hills? Or maybe you are searching for 55+ active adult communities in and/or near Vestavia Hills?
The percentage of residents who report their age in Vestavia Hills 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 Vestavia Hills with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Vestavia Hills.
How do you know that living in -- or moving to -- Vestavia Hills is right where you need to be? Perhaps you grew up in Vestavia Hills or already live nearby; therefore, the decision to buy a home in Vestavia Hills is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Vestavia Hills 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 Vestavia Hills:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Vestavia Hills.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Vestavia Hills can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Vestavia Hills, meanwhile, can field multiple offers from more qualified buyers.
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