Fort Payne, AL Home Values & Market Trends
Real estate market trends reflect that there have been 483 transactions over the past year in Fort Payne. The median value for residential home transactions that occurred over the previous year is $163,953.54. The number of current listings in Fort Payne is 26, and the percentage of properties for sale in the city is 26.00%. Fort Payne, AL currently has 3 properties in foreclosure, 2 bank owned properties, 1 properties headed for auction, and 26 properties for sale.
Fort Payne, AL Real Estate Market Overview
Housing Market Summary for Fort Payne, AL
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $120K | $166.5K | 38.72% |
Median Sold Price | $161.2K | $166.5K | 3.29% |
Homes For Sale | 1 | 30 | 2900.00% |
Homes Sold | 255 | 202 | -20.78% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fort Payne, AL
Browse Homes in Fort Payne, AL
Fort Payne home values range from $16,170 to $5,700,000. The median estimated value of a home in Fort Payne is $163,953.54. The median list price of a home is 339,500, and the total count of properties in the city is 8,093.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fort Payne, AL with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Fort Payne, AL; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fort Payne, AL ranges from the highest value of $162,370 in 35967 to the lowest value of $137,530 in 35967. Bank owned homes and properties account for 0.02% of properties in Fort Payne, AL. There are 2 zips within Fort Payne, AL; 35967 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions35967 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Fort Payne, AL. Auction homes and other auction properties account for 0.01% of all properties in Fort Payne, AL. There are 2 zips within Fort Payne, AL; of those zips, the median estimated home value for homes going to auction ranges from $87,261 in 35967 to the lowest value of $87,261 in 35967.
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More Real Estate Resources for Fort Payne, AL
Guide for Fort Payne, AL
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What is the impact on nearby house values of a foreclosed home?