Brewton AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Brewton, 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 Q4 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Brewton Housing Market Information

With a population of 5,189, 2,159 total housing units (homes and apartments), and a median house value of $144,031, house prices in Brewton are solidly below the national average.

Single-family detached homes are the single most common housing type in Brewton, accounting for 73.78% of the city's housing units. Other types of housing that are prevalent in Brewton include duplexes, homes converted to apartments or other small apartment buildings ( 16.06%), mobile homes or trailers ( 4.93%), and a few large apartment complexes or high rise apartments ( 4.74%).

The most prevalent building size and type in Brewton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.51% owning and 41.49% renting.

There is a lot of housing in Brewton 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 Brewton built between 1940-1969 ( 28.13%). A lesser amount of the housing stock also hails from between 2000 and later ( 5.39%). There's also some housing in Brewton built before 1939 ( 3.63%).

Vacant housing appears to be an issue in Brewton. Fully 17.47% of the housing stock is classified as vacant. Left unchecked, vacant Brewton homes and apartments can be a drag on the real estate market, holding Brewton 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.

Brewton Home Appreciation Rates

Homes have actually lost value in Brewton over the last then years, as home values have seen a decline of 2.74% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Brewton home appreciation rates at 1.03%, which equates to an annual appreciation rate of 4.19%.

Over the last year, Brewton appreciation rates have trailed the rest of the nation. In the last twelve months, Brewton's appreciation rate has been 3.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Brewton were at 1.03%, which equates to an annual appreciation rate of 4.19%.

Relative to Alabama, our data show that Brewton's latest annual appreciation rate is lower than 70% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$144,031

Brewton, AL HOME PRICES

Value Range
> $1,046,000 0.0
$785,001 - $1,046,000 0.1
$523,001 - $785,000 0.7
$419,001 - $523,000 0.2
$314,001 - $419,000 7.0
$209,001 - $314,000 13.6
$105,001 - $209,000 33.5
$52,001 - $105,000 36.1
$0 - $52,000 8.7

High for AL
Low for Nation

Value Relative to Nation Value Relative to State
61.985401459854 31.9201995012469

Number Of Homes And Apartments:
2,159

Brewton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2019 Q3 - 2019 Q4
Last 12 Months:
2018 Q4 - 2019 Q4
Last 2 Years:
2017 Q4 - 2019 Q4
Last 5 Years:
2014 Q4 - 2019 Q4
Last 10 Years:
2009 Q4 - 2019 Q4
Since 2000:
2000 Q1 - 2019 Q4
37.67% 1.61%
4
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$844 / per month

Homeownership Rate

Homeownership
Owners 58.51
Renters 41.49
Vacant 17.47

Housing Market Details

 

Age of Homes

AGE OF Brewton HOMES
2000 or Newer 5.4
1970 - 1999 62.8
1940 - 1969 28.1
1939 or Older 3.6

Types of Homes

TYPE OF Brewton HOMES
Single-Family 73.8
Townhomes 0.5
Small Apt. Buildings 16.1
Apt. Complexes 4.7
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Brewton HOMES
No Bedroom 2.68
1 Bedroom 4.66
2 Bedrooms 17.51
3 Bedrooms 60.70
4 Bedrooms 13.95
5 or more bedrooms 0.50

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Zip Codes in Brewton, AL