Dadeville appreciation rates and housing market information

Dadeville housing market information

With 8,042 people, 7,053 houses or apartments, and a median cost of homes of $169,600, Dadeville real estate is some of the most expensive in Alabama, although Dadeville home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Dadeville, accounting for 70.84% of the town's housing units. Other types of housing that are prevalent in Dadeville include mobile homes or trailers (20.53%), duplexes, homes converted to apartments, or other small apartment buildings (3.26%), large apartment complexes or high rise apartments (3.13%), and a few row houses and other attached homes (2.00%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Dadeville. Owner-occupied housing accounts for 58.68% of Dadeville's homes, and 61.12% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Dadeville 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 Dadeville built from 1940-1969 (21.21%). A lesser amount of the housing stock also hails from 1995 and later (19.11%), and some were built from 1939 and earlier (19.11%).

Dadeville home appreciation rates

In the last 10 years, Dadeville has experienced some of the highest home appreciation rates of any community in the nation. Dadeville real estate appreciated 153.61% over the last ten years, which is an average annual home appreciation rate of 15.36%, putting Dadeville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dadeville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Dadeville that despite a nationwide downturn in the housing market, Dadeville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dadeville appreciation rates continue to be some of the highest in America, at 12.36%, which is higher than appreciation rates in 99% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dadeville. Dadeville appreciation rates in the latest quarter were at 2.45%, which equates to an annual appreciation rate of 9.80%.

Importantly, this makes Dadeville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Alabama, our data show that Dadeville's latest annual appreciation rate is higher than 98% of the other cities and towns in Alabama.