Adamsville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Adamsville Neighborhoods Since 2000




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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Adamsville Housing Market Information

With 4,400 people, 1,704 houses or apartments, and a median cost of homes of $88,914, 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 90.35% of the city's housing units. Other types of housing that are prevalent in Adamsville include mobile homes or trailers ( 7.90%), large apartment complexes or high rise apartments ( 1.75%).

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 74.12% of Adamsville's homes, and 72.05% have either three or four bedrooms, which is average sized relative to America.

Vacant housing appears to be an issue in Adamsville. Fully 14.80% 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

Adamsville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Adamsville during the period has been just -1.94%, which is lower than 80% of US communities.

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 2.75%, 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 0.16%, which equates to an annual appreciation rate of 0.62%.

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

Average Home Values

 

Median Home Value:
$88,914

Adamsville, AL HOME PRICES

Value Range
> $1,032,000 0.4
$774,001 - $1,032,000 0.0
$516,001 - $774,000 0.0
$413,001 - $516,000 0.0
$310,001 - $413,000 2.5
$206,001 - $310,000 5.4
$103,001 - $206,000 35.6
$52,001 - $103,000 34.5
$0 - $52,000 21.6

Low for AL
Very Low for Nation

Value Relative to Nation Value Relative to State
84.7533106761983 64.25

Number Of Homes And Apartments:
1,704

Adamsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
-1.00% -0.06% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,032 / per month

Homeownership Rate

Homeownership
Owners 74.12
Renters 25.88
Vacant 14.80

Housing Market Details

 

Age of Homes

AGE OF Adamsville HOMES
2000 or Newer 5.9
1970 - 1999 45.0
1940 - 1969 45.0
1939 or Older 4.2

Types of Homes

TYPE OF Adamsville HOMES
Single-Family 90.4
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 1.8
Mobile Homes 7.9
Other 0.0

Home Size

SIZE OF Adamsville HOMES
No Bedroom 0.00
1 Bedroom 1.95
2 Bedrooms 23.90
3 Bedrooms 53.10
4 Bedrooms 18.95
5 or more bedrooms 2.10