Calera, AL Real Estate Market

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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Calera, AL Housing Market Trends

With a population of 14,717, 5,100 total housing units (homes and apartments), and a median house value of $192,019, Calera real estate is some of the most expensive in Alabama, although Calera home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Calera, accounting for 89.27% of the city's housing units. Other types of housing that are prevalent in Calera include row houses and other attached homes ( 3.56%), duplexes, homes converted to apartments or other small apartment buildings ( 3.41%), and a few mobile homes or trailers ( 2.39%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Calera. Owner-occupied housing accounts for 81.43% of Calera's homes, and 80.13% have either three or four bedrooms, which is average sized relative to America.

Calera homes and real estate are some of the newest in America. 75.39% of Calera's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Calera real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 18.17%), and between 1940-1969 ( 5.78%).

Calera Home Appreciation Rates

Real estate appreciation rates in Calera's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.65% during the period.

NeighborhoodScout's data show that during the latest twelve months, Calera's appreciation rate, at 6.16%, has been at or slightly above the national average. In the latest quarter, Calera's appreciation rate has been 2.46%, which annualizes to a rate of 10.20%.

Relative to Alabama, our data show that Calera's latest annual appreciation rate is lower than 60% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$192,019

Calera, AL HOME PRICES

> $1,175,000
0.3%
0.3%
$881,001 - $1,175,000
0.4%
0.4%
$587,001 - $881,000
1.6%
1.6%
$470,001 - $587,000
2.4%
2.4%
$353,001 - $470,000
6.9%
6.9%
$235,001 - $353,000
19.7%
19.7%
$118,001 - $235,000
56.2%
56.2%
$59,001 - $118,000
6.9%
6.9%
$0 - $59,000
5.5%
5.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for AL

Value Relative To Nation

Number Of Homes And Apartments:
5,100

Calera Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
46.93% 1.85%
4
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,318 / per month

Homeownership Rate

Owners
81.4%
81.4%
Renters
18.6%
18.6%
Vacant
7.0%
7.0%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
75.4%
75.4%
1970 - 1999
18.2%
18.2%
1940 - 1969
5.8%
5.8%
1939 or Older
0.7%
0.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
89.3%
89.3%
Townhomes
3.6%
3.6%
Small Apt. Buildings
3.4%
3.4%
Apt. Complexes
1.4%
1.4%
Mobile Homes
2.4%
2.4%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.3%
1.3%
1 Bedroom
0.7%
0.7%
2 Bedrooms
15.8%
15.8%
3 Bedrooms
63.4%
63.4%
4 Bedrooms
16.7%
16.7%
5 or more bedrooms
2.1%
2.1%
0.0% 100.0%
% OF HOMES