Blountsville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Blountsville, 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

Blountsville Housing Market Information

With 1,697 people, 636 houses or apartments, and a median cost of homes of $109,700, 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

Appreciation rates for homes in Blountsville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.35%, which ranks in the top 50% nationwide. This equates to an annual average Blountsville house appreciation rate of 0.23%.

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 0.72%, 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 2.24%, which equates to an annual appreciation rate of 9.29%.

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

Average Home Values

 

Median Home Value:
$109,700

Blountsville, AL HOME PRICES

Value Range
> $1,062,000 0.0
$797,001 - $1,062,000 0.0
$531,001 - $797,000 1.1
$425,001 - $531,000 0.0
$318,001 - $425,000 6.1
$212,001 - $318,000 11.0
$106,001 - $212,000 36.3
$53,001 - $106,000 31.4
$0 - $53,000 14.0

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
72.6506235728087 47.25

Number Of Homes And Apartments:
636

Blountsville 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
38.49% 1.88% 7 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$735 / 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

Popular Neighborhoods in Blountsville

Zip Codes in Blountsville, AL