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

ZipMedian Est. ValueZipMedian Est. Value
35967

$ 358,105

$ 144/sqft

35968

$ 269,000

$ 158/sqft

Housing Market Summary for Fort Payne, AL

Apr 2023March 2024Change
Median Listing Price$120K$166.5K38.72%
Median Sold Price$161.2K$166.5K3.29%
Homes For Sale1302900.00%
Homes Sold255202-20.78%
Price
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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%.

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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.

Foreclosure
There are 2 zips within Fort Payne, AL; within these zips, the median estimated home value for homes in foreclosure ranges from $162,370 in 35967 to the lowest value of $87,261 in 35967. Foreclosure homes account for 0.00% of properties in Fort Payne, AL with 35967 containing 3 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    35967 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Fort Payne, AL with 35967 containing 17 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Fort Payne, AL; homes for sale in those zips, have a range of median values from $5,700,000 in 35967 to the lowest value of $49,951 in 35968.
    Sold Homes
    The median value for recently sold homes ranges from $1,056,652 in 35968 to the lowest price of $17,650 in 35968. There are 2 zips within Fort Payne, AL. 35967 has 166 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.76% of properties in Fort Payne, AL.

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      Guide for Fort Payne, AL

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      Home Buying Tools
      Federal Eviction Ban Overturned. Here’s Why
      A home foreclosure
      Foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      See More Articles
      Mobile’s Real Estate Market Shows Promising Growth Despite Sales Dip in March 2024
      Market Reports|posted 17 April 2024

      Report of recent trends in Mobile, Alabama’s real estate market, highlighting rising property values, fluctuating sales volumes, and the variations in value and sales figures across neighboring areas as of March 2024.

      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Federal Eviction Ban Overturned. Here’s Why
      Home Buying Tools|posted 5 June 2021

      Last month we asked if it was possible that eviction moratoriums from the federal government were illegal. “If you’re a real estate investor with rental properties you depend on monthly rental payments to cover the mortgage, taxes, repairs, and other costs. But what happens if the government says, nope, you can’t evict tenants who don’t […]

      A home foreclosure
      Impact of Foreclosure on Neighborhood Property Values
      Foreclosure|posted 30 April 2024

      What is the impact on nearby house values of a foreclosed home?

      Recently Listed Homes Fort Payne, AL

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