Albertville appreciation rates and housing market information

Albertville housing market information

With 17,373 people, 7,106 houses or apartments, and a median cost of homes of $134,671, house prices in Albertville are solidly below the national average.

single-family detached homes are the single most common housing type in Albertville, accounting for 77.03% of the city's housing units. Other types of housing that are prevalent in Albertville include duplexes, homes converted to apartments, or other small apartment buildings (8.63%), large apartment complexes or high rise apartments (7.73%), mobile homes or trailers (5.88%), and a few row houses and other attached homes (0.73%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Albertville. Owner-occupied housing accounts for 61.78% of Albertville's homes, and 62.57% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Albertville built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Albertville built from 1940-1969 (34.00%). A lesser amount of the housing stock also hails from 1995 and later (12.10%), and some were built from 1939 and earlier (12.10%).

Albertville home appreciation rates

Real estate appreciation rates in Albertville have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 7.45% during the period.

NeighborhoodScout's data show that during the latest twelve months, Albertville home appreciation rates, at 1.12%, have been at or slightly above the national average. In the latest quarter, Albertville's appreciation rate has been 0.20%, which annualizes to a rate of 0.80%.

Relative to Alabama, our data show that Albertville's latest annual appreciation rate is higher than 39% of the other cities and towns in Alabama.