Atmore, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Atmore Neighborhoods Since 2000




Atmore, 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 Q2 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

Atmore Housing Market Information

With 10,049 people, 3,246 houses or apartments, and a median cost of homes of $104,740, house prices in Atmore are solidly below the national average.

Single-family detached homes are the single most common housing type in Atmore, accounting for 73.90% of the city's housing units. Other types of housing that are prevalent in Atmore include large apartment complexes or high rise apartments ( 11.34%), mobile homes or trailers ( 7.63%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.14%).

The most prevalent building size and type in Atmore are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 48.96% owning and 51.04% renting.

There is a lot of housing in Atmore 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 Atmore built between 1940-1969 ( 38.78%). A lesser amount of the housing stock also hails from before 1939 ( 4.17%). There's also some housing in Atmore built between 2000 and later ( 3.79%).

Vacant housing appears to be an issue in Atmore. Fully 16.36% of the housing stock is classified as vacant. Left unchecked, vacant Atmore homes and apartments can be a drag on the real estate market, holding Atmore 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.

Atmore Home Appreciation Rates

Real estate appreciation rates in Atmore's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.04% during the period.

NeighborhoodScout's data show that during the latest twelve months, Atmore's appreciation rate, at 5.05%, has been at or slightly above the national average. In the latest quarter, Atmore's appreciation rate has been -0.55%, which annualizes to a rate of -2.17%.

Notably, Atmore's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Alabama, our data show that Atmore's latest annual appreciation rate is higher than 80% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$104,740

Atmore, AL HOME PRICES

Value Range
> $1,088,000 0.9
$816,001 - $1,088,000 0.4
$544,001 - $816,000 0.4
$435,001 - $544,000 0.3
$326,001 - $435,000 2.0
$218,001 - $326,000 6.2
$109,001 - $218,000 36.5
$55,001 - $109,000 31.8
$0 - $55,000 21.5

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
75.636746882136 52.75

Number Of Homes And Apartments:
3,246

Atmore Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
42.82% 2.06% 8 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$784 / per month

Homeownership Rate

Homeownership
Owners 48.96
Renters 51.04
Vacant 16.36

Housing Market Details

 

Age of Homes

AGE OF Atmore HOMES
2000 or Newer 3.8
1970 - 1999 53.3
1940 - 1969 38.8
1939 or Older 4.2

Types of Homes

TYPE OF Atmore HOMES
Single-Family 73.9
Townhomes 0.0
Small Apt. Buildings 7.1
Apt. Complexes 11.3
Mobile Homes 7.6
Other 0.0

Home Size

SIZE OF Atmore HOMES
No Bedroom 0.54
1 Bedroom 5.82
2 Bedrooms 29.45
3 Bedrooms 50.24
4 Bedrooms 12.42
5 or more bedrooms 1.52

Zip Codes in Atmore, AL