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Commercial Foreclosure in Wedowee, AL

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Highway-431-Wedowee-AL-36278
Tax Lien

Highway 431
Wedowee, AL 36278

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Home Value Estimator For Wedowee, AL

There are currently 926 real estate properties in Wedowee, AL, with a median automated valuation model (AVM) price of $349,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wedowee, 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 Wedowee, AL, is $380,320.00, with the most expensive house in Wedowee, AL, topping out at $1,100,000.00 and the cheapest home in Wedowee, AL, clocking in at $65,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Wedowee, AL!


Rent Prices In Wedowee, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wedowee, AL, is on a rollercoaster ride. The average rent price in Wedowee, AL, is $1,436.00. Indeed, when looking to rent in Wedowee, AL, you can expect to pay as little as $760.00 or as much as $2,020.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Wedowee, 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.


Foreclosure Homes in Wedowee, AL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Wedowee, AL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Wedowee, AL and much more. Save thousands at closing with home foreclosure listings in Wedowee, AL — up to 75% off market value!


Top Reasons To Live In Wedowee, AL In 2021

Wedowee is located in Randolph, Alabama, with an estimated municipal population of 794 residents. All of the best foreclosed homes for sale in Wedowee are located in the following zip code areas on Foreclosure.com: 36278. The estimated population per square kilometer (.62 miles) in Wedowee is 87.


Cost Of Living In Wedowee, AL

So, about how much do homes cost in Wedowee? The most recent median value of resident-owned homes in Wedowee is 133,341. An estimated 76.5 percent of households in Wedowee own their homes, with an average family size of 2.98. The median household income in Wedowee is 31,042, with10.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Wedowee, the median commute time of resident workers (in minutes) is 21.7. And last, but certainly not least, are you looking for homes to rent in Wedowee? If so, the average rent price paid by renters in Wedowee is 444, according to recent statistics.


Diversity And Demographics In Wedowee, 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 Wedowee, 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 Wedowee is 48.8, split between 45.4 percent male versus 54.6 female. The percentage of residents who report being married in Wedowee is 49.2, with an average family size of 2.98.

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

White 60.9%
Black / African American 36.5%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.1%
Other 0.6%

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

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

Under 10 13.4%
Aged 10-19 7.8%
20s 9.9%
30s 8.4%
40s 12.9%
50s 12.7%
60s 13.4%
70s 11.9%
80+ 9.6%

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


Pros And Cons Of Living In Wedowee, Alabama

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

  • 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 Wedowee.


Reasons To Move To Wedowee, Alabama, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Wedowee can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Wedowee, meanwhile, can field multiple offers from more qualified buyers.

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