Calera, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Calera Neighborhoods Since 2000




Calera, 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

Calera Housing Market Information

With 13,213 people, 4,709 houses or apartments, and a median cost of homes of $175,398, 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 87.62% of the city's housing units. Other types of housing that are prevalent in Calera include large apartment complexes or high rise apartments ( 3.90%), row houses and other attached homes ( 3.69%), and a few mobile homes or trailers ( 2.85%).

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 79.76% of Calera's homes, and 83.30% 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. 74.92% 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 ( 15.01%), and between 1940-1969 ( 8.13%). There's also some housing in Calera built before 1939 ( 1.94%).

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 -0.01% during the period.

NeighborhoodScout's data show that during the latest twelve months, Calera's appreciation rate, at 5.80%, has been at or slightly above the national average. In the latest quarter, Calera's appreciation rate has been 2.24%, which annualizes to a rate of 9.29%.

Relative to Alabama, our data show that Calera's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$175,398

Calera, AL HOME PRICES

Value Range
> $1,189,000 0.4
$892,001 - $1,189,000 0.5
$595,001 - $892,000 1.2
$476,001 - $595,000 2.0
$357,001 - $476,000 4.9
$238,001 - $357,000 18.1
$119,001 - $238,000 55.8
$59,001 - $119,000 9.5
$0 - $59,000 7.6

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
41.0913987938404 9.25

Number Of Homes And Apartments:
4,709

Calera 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
25.00% 1.28% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,600 / per month

Homeownership Rate

Homeownership
Owners 79.76
Renters 20.24
Vacant 8.65

Housing Market Details

 

Age of Homes

AGE OF Calera HOMES
2000 or Newer 74.9
1970 - 1999 15.0
1940 - 1969 8.1
1939 or Older 1.9

Types of Homes

TYPE OF Calera HOMES
Single-Family 87.6
Townhomes 3.7
Small Apt. Buildings 1.9
Apt. Complexes 3.9
Mobile Homes 2.9
Other 0.0

Home Size

SIZE OF Calera HOMES
No Bedroom 0.52
1 Bedroom 3.59
2 Bedrooms 10.69
3 Bedrooms 69.60
4 Bedrooms 13.70
5 or more bedrooms 1.90