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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
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.
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.
Very Low for Nation
Low for AL