Adamsville, AL Real Estate Data

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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Adamsville Housing Market Information

With 4,281 people, 1,472 houses or apartments, and a median cost of homes of $112,369, house prices in Adamsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Adamsville, accounting for 89.54% of the city's housing units. Other types of housing that are prevalent in Adamsville include mobile homes or trailers ( 7.16%), large apartment complexes or high rise apartments ( 1.45%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.45%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Adamsville. Owner-occupied housing accounts for 75.26% of Adamsville's homes, and 68.62% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Adamsville's housing was primarily built during this period, from the '40s through the '60s. A full 53.58% of the city's housing hails from this era. Other housing ages represented in Adamsville include homes built between 1970-1999 ( 37.47%) and housing constructed before 1939 ( 5.03%). There's also some housing in Adamsville built between 2000 and later ( 3.91%).

Vacant housing appears to be an issue in Adamsville. Fully 17.67% of the housing stock is classified as vacant. Left unchecked, vacant Adamsville homes and apartments can be a drag on the real estate market, holding Adamsville 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.

Adamsville Home Appreciation Rates

Real estate appreciation rates in Adamsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.98% during the period.

Over the last year, Adamsville appreciation rates have trailed the rest of the nation. In the last twelve months, Adamsville's appreciation rate has been 1.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Adamsville were at 1.58%, which equates to an annual appreciation rate of 6.46%.

Relative to Alabama, our data show that Adamsville's latest annual appreciation rate is lower than 90% of the other cities and towns in Alabama.

Average Home Values

 
info

Median Home Value:
$112,369

Adamsville, AL HOME PRICES

> $1,242,000
0.6%
0.6%
$931,001 - $1,242,000
0.0%
0.0%
$621,001 - $931,000
0.6%
0.6%
$497,001 - $621,000
0.0%
0.0%
$373,001 - $497,000
0.3%
0.3%
$248,001 - $373,000
4.5%
4.5%
$124,001 - $248,000
40.3%
40.3%
$62,001 - $124,000
41.0%
41.0%
$0 - $62,000
12.6%
12.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very Low for Nation

Low for AL

Value Relative To Nation

Number Of Homes And Apartments:
1,472

Adamsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
25.45% 1.10%
1
1
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,370 / per month

Homeownership Rate

Owners
75.3%
75.3%
Renters
24.7%
24.7%
Vacant
17.7%
17.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
3.9%
3.9%
1970 - 1999
37.5%
37.5%
1940 - 1969
53.6%
53.6%
1939 or Older
5.0%
5.0%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.5%
89.5%
Townhomes
0.4%
0.4%
Small Apt. Buildings
1.5%
1.5%
Apt. Complexes
1.5%
1.5%
Mobile Homes
7.2%
7.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.1%
1.1%
1 Bedroom
0.8%
0.8%
2 Bedrooms
26.5%
26.5%
3 Bedrooms
49.9%
49.9%
4 Bedrooms
18.7%
18.7%
5 or more bedrooms
3.0%
3.0%
0.0% 100.0%
% OF HOMES