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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Guntersville, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Guntersville, AL Housing Market Trends

With a population of 8,874, 3,364 total housing units (homes and apartments), and a median house value of $321,014, Guntersville real estate is some of the most expensive in Alabama, although Guntersville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Guntersville, accounting for 73.35% of the city's housing units. Other types of housing that are prevalent in Guntersville include duplexes, homes converted to apartments or other small apartment buildings ( 13.72%), large apartment complexes or high rise apartments ( 8.46%), and a few row houses and other attached homes ( 2.74%).

The most prevalent building size and type in Guntersville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.59% owning and 37.41% renting.

There is a lot of housing in Guntersville built from 1970 to 1999 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 Guntersville built between 1940-1969 ( 29.57%). A lesser amount of the housing stock also hails from between 2000 and later ( 21.16%). There's also some housing in Guntersville built before 1939 ( 4.01%).

Vacant housing appears to be an issue in Guntersville. Fully 14.53% of the housing stock is classified as vacant. Left unchecked, vacant Guntersville homes and apartments can be a drag on the real estate market, holding Guntersville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Guntersville Home Appreciation Rates

Appreciation rates for homes in Guntersville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 84.21%, which ranks in the top 50% nationwide. This equates to an annual average Guntersville house appreciation rate of 6.30%.

NeighborhoodScout's data show that during the latest twelve months, Guntersville's appreciation rate, at 6.13%, has been at or slightly above the national average. In the latest quarter, Guntersville's appreciation rate has been 1.28%, which annualizes to a rate of 5.24%.

Relative to Alabama, our data show that Guntersville's latest annual appreciation rate is higher than 50% of the other cities and towns in Alabama.

Average Home Values

Median Home Value

$321,014

Guntersville, AL Home Prices
> $1,384,000
$1,038,001 - $1,384,000
$692,001 - $1,038,000
$554,001 - $692,000
$415,001 - $554,000
$277,001 - $415,000
$139,001 - $277,000
$69,001 - $139,000
$0 - $69,000
1.5%
1.5%
2.4%
2.4%
6.2%
6.2%
6.0%
6.0%
16.0%
16.0%
22.8%
22.8%
29.0%
29.0%
9.9%
9.9%
6.3%
6.3%
0% 100.0%
% of Homes
Very High

for Alabama

High

for nation

Number of Homes And Apartments:

3,364

Guntersville Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,322 / per month

Homeownership Rate

Owners
Renters
62.6%
62.6%
37.4%
37.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
14.5%
14.5%
85.5%
85.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
21.2%
21.2%
45.2%
45.2%
29.6%
29.6%
4.0%
4.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
73.3%
73.3%
2.7%
2.7%
13.7%
13.7%
8.5%
8.5%
1.3%
1.3%
0.4%
0.4%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.5%
0.5%
4.5%
4.5%
26.2%
26.2%
44.4%
44.4%
20.4%
20.4%
3.9%
3.9%
0% 100.0%
% of Homes