Brantley, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Brantley, AL Real Estate Data


Brantley Housing Market Information

With a population of 805, 394 total housing units (homes and apartments), and a median house value of $69,842, house prices in Brantley are some of the most affordable in Alabama as well as the nation.

Single-family detached homes are the single most common housing type in Brantley, accounting for 69.30% of the town's housing units. Other types of housing that are prevalent in Brantley include duplexes, homes converted to apartments or other small apartment buildings ( 16.25%), mobile homes or trailers ( 11.06%), and a few row houses and other attached homes ( 3.39%).

The most prevalent building size and type in Brantley are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 56.60% owning and 43.40% renting.

There is a lot of housing in Brantley 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 Brantley built between 1940-1969 ( 36.79%). A lesser amount of the housing stock also hails from before 1939 ( 15.12%). There's also some housing in Brantley built between 2000 and later ( 2.71%).

Vacant housing appears to be an issue in Brantley. Fully 11.06% of the housing stock is classified as vacant. Left unchecked, vacant Brantley homes and apartments can be a drag on the real estate market, holding Brantley 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.

Brantley Home Appreciation Rates

Appreciation rates for homes in Brantley have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.03%, which ranks in the top 50% nationwide. This equates to an annual average Brantley house appreciation rate of 0.40%.

Over the last year, Brantley appreciation rates have trailed the rest of the nation. In the last twelve months, Brantley's appreciation rate has been 3.03%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brantley were at -0.26%, which equates to an annual appreciation rate of -1.02%.

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

Average Home Values

 

Median Home Value:
$69,842

Brantley, AL HOME PRICES

Value Range
> $1,038,000 0.8
$778,001 - $1,038,000 0.7
$519,001 - $778,000 1.3
$415,001 - $519,000 0.2
$311,001 - $415,000 0.6
$208,001 - $311,000 5.5
$104,001 - $208,000 24.1
$52,001 - $104,000 32.8
$0 - $52,000 33.9

Very Low for AL
Very Low for Nation

Value Relative to Nation Value Relative to State
95.2595804523614 89.25

Number Of Homes And Apartments:
394

Rent & Ownership

 

Average Market Rent:
$724 / per month

Homeownership Rate

Homeownership
Owners 56.60
Renters 43.40
Vacant 11.06

Housing Market Details

 

Age of Homes

AGE OF Brantley HOMES
2000 or Newer 2.7
1970 - 1999 45.4
1940 - 1969 36.8
1939 or Older 15.1

Types of Homes

TYPE OF Brantley HOMES
Single-Family 69.3
Townhomes 3.4
Small Apt. Buildings 16.3
Apt. Complexes 0.0
Mobile Homes 11.1
Other 0.0

Home Size

SIZE OF Brantley HOMES
No Bedroom 0.00
1 Bedroom 11.51
2 Bedrooms 16.93
3 Bedrooms 56.66
4 Bedrooms 11.06
5 or more bedrooms 3.84

Brantley 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
50.59% 2.40% 9 6
* 10 is highest

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Zip Codes in Brantley, AL