Where is the cheapest land in Alabama?
In Alabama, the cheapest place to buy land was Limestone County in North Alabama. The average lot size there is 79,120 square feet with average price per square feet at 38 cents. Those prices were enough to land Alabama at number 21st on the list.
Is owner financing land a good idea?
Owner financing can be a good option for buyers who don’t qualify for a traditional mortgage. For sellers, owner financing provides a faster way to close because buyers can skip the lengthy mortgage process.
How does seller financing work for land?
Essentially, the buyer and seller agree to a seller-financed land contract, but the seller keeps paying on their existing mortgage, pocketing the difference between their mortgage payment and what they are paid on a monthly basis by the buyer.
How much is an acre of land in rural Alabama?
It turns out an acre of land in Alabama will cost you a pretty penny. The analysis by Wall Street 24/7 ranked the value of an acre of land in each state from cheapest to most expensive. For Alabama, the average value was $12,356 an acre, making it the 23rd most expensive state.
What state has the cheapest land?
Tennessee, Arkansas, and West Virginia consistently rank as the cheapest places to buy residential land. Tennessee offers diverse geography, from mountains and lakes to acres of rural flat ground, and of course the iconic landmarks and attractions like Graceland and Nashville, the heart of country music.
Where can I find farmland for sale in Alabama?
Browse all Alabama farms, ranches and other rural real estate for sale on Land And Farm to find the farm, cattle operation, hobby farm or other farm property that’s right for your future commercial or lifestyle needs. Alabama’s catfish haul accounts for almost a third of catfish sales in the country.
How much is a farm in Alabama worth?
Browse Land And Farm for farms, ranches and rural real estate for sale in Alabama, including farms currently listed for sale in the state. Recent Land And Farm data records nearly 100,000 acres of farms for sale in Alabama, which was valued at a combined $330 million. The average price of farms for sale in Alabama is $611,645.
How much does it cost to buy land in Alabama?
O x f o r d, A l a b a m a a w a i t s j u s t t h e r i g h t p e r s o n w h o i s l o o k i n g t o p l u g i n t o a t h r i v i n g s m a l l – t o w n c o m m u ( $ 2 1, 5 0 0) B R W I # 1: . 4 1 A c r e L o t – C o u n t y P a v e d M a r c h R o a d ( $ 2 1, 9 0 0) B R W I # 3: . 5 8 A c r e L
Where to find real estate agents in Alabama?
You can also search Land And Farm to find real estate agents in Alabama who specialize in selling land, rural acreage and other recreational property in regions throughout Alabama. Don’t have an account?