Calera, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Calera Neighborhoods Since 2000




Calera, AL Real Estate Data


Calera Housing Market Information

With 13,213 people, 4,709 houses or apartments, and a median cost of homes of $170,289, 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 -0.30% during the period.

Appreciation rates are so strong in Calera that despite a nationwide downturn in the housing market, Calera real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Calera appreciation rates continue to be some of the highest in America, at 6.71%, which is higher than appreciation rates in 78.23% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Calera. Calera appreciation rates in the latest quarter were at 0.78%, which equates to an annual appreciation rate of 3.17%.

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:
$170,289

Calera, AL HOME PRICES

Value Range
> $1,154,000 0.2
$866,001 - $1,154,000 0.5
$577,001 - $866,000 1.2
$462,001 - $577,000 2.0
$346,001 - $462,000 4.9
$231,001 - $346,000 18.1
$115,001 - $231,000 55.8
$58,001 - $115,000 9.5
$0 - $58,000 7.6

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
41.2867690144146 9.25

Number Of Homes And Apartments:
4,709

Rent & Ownership

 

Average Market Rent:
$1,501 / 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

Calera 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
21.41% 1.13% 3 2
* 10 is highest