Roy Lane Guardian Real Estate Group
States: Alabama and Tennessee
AL Counties: Madison, Morgan, Limestone, Marshall
TN Counties: Lincoln, Giles
AL Cities and Towns: Huntsville, Madison, New Hope, Owens Cross Roads, Gurley, Redstone Arsenal, Harvest, Hazel Green, Meridianville, Decatur, Ardmore, Athens, Guntersville
TN Cities and Towns: Fayetteville, Ardmore, Pulaski
Licensed Since: 2016 | AL License # 111552 | TN License # 349618
About Roy Lane
A Tennessee native, Roy Lane is well-versed the in the Southern Tennessee and Northern Alabama markets. Roy co-founded Guardian Real Estate Group with over nine years of experience in property management, new construction home sales & real estate sales. The company was formed to help make the home buying process easier for the consumer/investor. The entire company is devoted to every customer. They operate under a team concept, to ensure nothing falls through the cracks. Roy has worked with numerous investors and understands the process.
Market Overview
Huntsville and North Alabama are growing at a rapid pace. We have had numerous industries and government projects that are expanding in the area. The 3rd quarter of 2020 shows the trends are continuing, despite the pandemic. Residential real estate prices continued to rise while the number of
homes sold remains at a record level. The median sales price for the third quarter was $254,991 compared to $221,798 for the same quarter in 2019. The total number of homes sold (2,621) was 271 above the 2019 level of 2,350. The average number of listings declined by a similar amount (-336) from 1,226 in 2019 to 910 in September 2020. Average Days on Market dropped to only 19 days from the 38 days in 2019.
Investment Price Points
Entry-level investment homes are $100k to $150k, the average home price in the overall market is $250k. You can expect multiple offers on most investment properties.
Free Report: Demographic and Housing Data on the Northern Alabama Market
Would you like free demographic and housing data on the Northern Alabama market? The report includes information on schools, income, employment, crime, average sale prices, fair market rents and more. You can get reports on the whole market or zero in on a specific zip code.
This report has all the info you need to help you decide if the Northern Alabama market is right for you! Click here to get your free report.
