Have you thought about buying or selling a home in Guntersville? This community is a fantastic place to live in. The area is very family-centric. Good jobs are located nearby. Numerous parks, commercial centers, and open areas are present here. You’ll find everything from new construction to beautiful homes from the 1950’s available for sale. But, before you can list your home for sale or buy a home here, it is important to get to know the area a bit better.
Key Market Trends to Know
The more you know about a home for sale in Guntersville, or the current real estate market conditions here, the better. Here is a look at some key factors for Guntersville that date to the start of March 2017. Do these conditions favor your next move?The median sale price of a home here is $148,000. This is a very affordable price point for the area. It is also about a 10 percent increase from the same time in 2016.
- The price per square foot for a home for sale here is $100. This is about a 33 percent increase from the same time in 2016.
- When considering the amount you’ll pay to rent in Guntersville, especially to pay significantly over $1500 a month. This can help to make buying a home here much more affordable than you may realize.
- The market is strong overall. Sellers will find some competition. Buyers will find options. There are about 165 homes listed for sale and about 30 homes available in some state of foreclosure. That means opportunities exist here.
- The area is seeing a lot of interest from buyers. In the last quarter of the year, which tends to be the slowest, about 27 homes sold.
What do these market conditions mean for you? To find out, work with a Guntersville real estate agent and get a better look at what you can expect here.