Blountsville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Blountsville, AL Real Estate Data


Blountsville Housing Market Information

With a population of 1,697, 636 total housing units (homes and apartments), and a median house value of $106,635, house prices in Blountsville are solidly below the national average.

Single-family detached homes are the single most common housing type in Blountsville, accounting for 56.82% of the town's housing units. Other types of housing that are prevalent in Blountsville include duplexes, homes converted to apartments or other small apartment buildings ( 19.18%), mobile homes or trailers ( 14.96%), and a few large apartment complexes or high rise apartments ( 6.76%).

The most prevalent building size and type in Blountsville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 51.42% owning and 48.58% renting.

There is a lot of housing in Blountsville 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 Blountsville built between 1940-1969 ( 31.72%). A lesser amount of the housing stock also hails from before 1939 ( 8.93%). There's also some housing in Blountsville built between 2000 and later ( 5.31%).

Vacant housing appears to be an issue in Blountsville. Fully 23.28% of the housing stock is classified as vacant. Left unchecked, vacant Blountsville homes and apartments can be a drag on the real estate market, holding Blountsville 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.

Blountsville Home Appreciation Rates

Real estate appreciation rates in Blountsville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.08% during the period.

Over the last year, Blountsville appreciation rates have trailed the rest of the nation. In the last twelve months, Blountsville's appreciation rate has been -2.69%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Blountsville were at -1.94%, which equates to an annual appreciation rate of -7.56%.

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

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

Average Home Values

 

Median Home Value:
$106,635

Blountsville, AL HOME PRICES

Value Range
> $1,032,000 0.0
$774,001 - $1,032,000 0.0
$516,001 - $774,000 1.1
$413,001 - $516,000 0.0
$310,001 - $413,000 6.1
$206,001 - $310,000 11.0
$104,001 - $206,000 36.3
$52,001 - $104,000 31.4
$0 - $52,000 14.0

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
73.2743466541662 49.5

Number Of Homes And Apartments:
636

Rent & Ownership

 

Average Market Rent:
$690 / per month

Homeownership Rate

Homeownership
Owners 51.42
Renters 48.58
Vacant 23.28

Housing Market Details

 

Age of Homes

AGE OF Blountsville HOMES
2000 or Newer 5.3
1970 - 1999 54.0
1940 - 1969 31.7
1939 or Older 8.9

Types of Homes

TYPE OF Blountsville HOMES
Single-Family 56.8
Townhomes 2.3
Small Apt. Buildings 19.2
Apt. Complexes 6.8
Mobile Homes 15.0
Other 0.0

Home Size

SIZE OF Blountsville HOMES
No Bedroom 1.81
1 Bedroom 7.60
2 Bedrooms 31.85
3 Bedrooms 47.65
4 Bedrooms 9.17
5 or more bedrooms 1.93

Blountsville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
35.33% 1.77% 7 4
* 10 is highest

Popular Neighborhoods in Blountsville

Zip Codes in Blountsville, AL