Safford, AL

The real estate market in Safford, Alabama is unique in that it has a mix of suburban and rural properties. The city is located on the outskirts of Birmingham, making it an ideal location for families who are looking for a suburban lifestyle with easy access to major metropolitan areas. There are also plenty of rural properties available in the area, perfect for those who want to live close to nature.

The median price of homes sold in Safford during the first quarter of 2018 was $129,000. This figure represents a decrease from the previous quarter, when the median price was $135,000. However, compared to other cities in Alabama, Safford remains relatively affordable. The median price of homes sold in Huntsville during the same period was $225,000, while Mobile had a median price of $269,900.

One reason why prices may be lower in Safford than other cities is that there are fewer luxury homes available for sale here. In fact, only 5% of all homes sold in Safford during the first quarter were classified as luxury properties. This compares favorably with Mobile (where 27% of all homes sold were luxury properties) and Huntsville (where 34% of all homes sold were luxury properties).

Another factor that may contribute to lower prices in Safford is the fact that there are not as many new home developments being built here as there are elsewhere in Alabama. In fact, only 2% of all housing units constructed within city limits between 2016 and 2017 were new homes – this compares unfavorably with Mobile (where 10% of housing units constructed within city limits between 2016 and 2017 were new homes) and Huntsville (where 12%of housing units constructed within city limits between 2016 and 2017 were new homes).