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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 5,434, 2,126 total housing units (homes and apartments), and a median house value of $133,885, 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 81.09% 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 ( 9.22%), large apartment complexes or high rise apartments ( 6.06%), and a few mobile homes or trailers ( 3.24%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brewton. Owner-occupied housing accounts for 65.77% of Brewton's homes, and 74.83% have either three or four bedrooms, which is average sized relative to America.
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 ( 35.21%). A lesser amount of the housing stock also hails from before 1939 ( 6.72%). There's also some housing in Brewton built between 2000 and later ( 6.45%).
Vacant housing appears to be an issue in Brewton. Fully 16.92% 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's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Brewton during the period has been just -0.34%, which is lower than 70% of US communities.
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 3.13%, 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 2.19%, which equates to an annual appreciation rate of 9.03%.
Importantly, this makes Brewton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Alabama, our data show that Brewton's latest annual appreciation rate is higher than 60% of the other cities and towns in Alabama.
|$812,001 - $1,082,000||0.0|
|$541,001 - $812,000||0.4|
|$433,001 - $541,000||0.3|
|$325,001 - $433,000||7.2|
|$216,001 - $325,000||8.7|
|$108,001 - $216,000||33.2|
|$54,001 - $108,000||31.8|
|$0 - $54,000||18.3|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
2000 Q1 - 2017 Q3
|* 10 is highest|
|AGE OF Brewton HOMES|
|2000 or Newer||6.4|
|1970 - 1999||51.6|
|1940 - 1969||35.2|
|1939 or Older||6.7|
|TYPE OF Brewton HOMES|
|Small Apt. Buildings||9.2|
|SIZE OF Brewton HOMES|
|5 or more bedrooms||1.52|