Owens Cross Roads is a warm, small-town community located within the Huntsville metro area in Madison County, Alabama. Just 12 miles from Huntsville and approximately 70 miles from Chattanooga, Tennessee, this northern Alabama town provides southern living at its best. Residents are able to enjoy the tranquility, affordable housing and rolling acreage of Owens Cross Roads as well as the proximity to the business, nightlife and culture of Huntsville. In addition to diversity, the area offers a multitude of recreational opportunities for outdoor enthusiasts and nature lovers. Owens Cross Roads residents are offered an extraordinary blend of small town southern hospitality with all the amenities of a nearby city.
With approximately 1,300 residents, Owens Cross Roads offers a blend of suburban and rural seclusion to its residents. Affordable housing within Owens Cross Roads presents rambling country properties, humble charmers and contemporary stunners with spacious lots to beckon the most discerning buyers.
The Owens Cross Roads population has grown more than 15% in the last five years, beckoning resident commuters that can enjoy the 10 minute drive to the city. As one of the most recognized cities in the Southeast, nearby Huntsville is consistently named as one of the best places to live and work, presenting a strong economy and stellar quality of life. Known as "Rocket City," Huntsville's tourist attractions reflect the heritage of Alabama's first English-speaking city, the history of the American Civil War and the endeavors of the nationís rocket scientists.
Owens Cross Roads Real Estate Market: Price Range of Owens Cross Roads Houses
The real estate market in Owens Cross Roads consists of a wide variety of housing options including water views on private lakes, wooded lots, private cul-de-sacs and cosmopolitan contemporaries. From modest first-time homes on large lots to palatial stunners, residents can find homes to fit their wish list and any budget.
Owens Cross Roads homes are available in a variety of price ranges, from $150,000 to $600,000 for vast acreage, exclusive amenities and sprawling estates. The populace can choose from Traditional, Ranch, Cape Cods and custom homes in subdivisions and stand-alone, featuring extensive square footage and exclusive amenities. Condominiums and townhouses in Owens Cross Roads are not available for sale , but can be found closer to Huntsville. Land is available in the Owens Cross Roads area for custom building from $100,000 to $500,000, widely varying depending on acreage and topography that is wooded, sloped or pasture.
Owens Cross Roads Real Estate Stats and Trends for the week of August 31st, 2015: homes priced around $248,514 compared to $183,187 the previous week, showing a increase of more than +26%. For Tuesday, September 1st, the current national mortgage rate for a 30 year fixed mortgage is 3.90%; the 15 year fixed rate is at 2.96%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.27%, while the 15 year jumbo rate currently is at 3.88%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Owens Cross Roads AL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Owens Cross Roads to help you find the best home!