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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Chunchula, 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 Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

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

Chunchula, AL Housing Market Trends

With 195 people, 90 houses or apartments, and a median cost of homes of $169,550, house prices in Chunchula are solidly below the national average.

Chunchula is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Chunchula than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Chunchula. Owner-occupied housing accounts for 100.00% of Chunchula's homes, and 100.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Chunchula 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 Chunchula built between 1940-1969 ( 17.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.11%).

Chunchula Home Appreciation Rates

Real estate appreciation rates in Chunchula's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.34% during the period.

NeighborhoodScout's data show that during the latest twelve months, Chunchula's appreciation rate, at 3.97%, has been at or slightly above the national average. In the latest quarter, Chunchula's appreciation rate has been -0.94%, which annualizes to a rate of -3.72%.

Notably, Chunchula's appreciation rate in the latest quarter is one of the lowest in America.

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

Average Home Values

Median Home Value

$169,550

Chunchula, AL Home Prices
> $1,401,000
$1,051,001 - $1,401,000
$701,001 - $1,051,000
$560,001 - $701,000
$420,001 - $560,000
$280,001 - $420,000
$140,001 - $280,000
$70,001 - $140,000
$0 - $70,000
1.0%
1.0%
0.0%
0.0%
1.1%
1.1%
0.7%
0.7%
5.8%
5.8%
16.8%
16.8%
50.7%
50.7%
18.4%
18.4%
5.7%
5.7%
0% 100.0%
% of Homes
Average

for Alabama

Low

for nation

Number of Homes And Apartments:

90

Chunchula Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,189 / per month

Homeownership Rate

Owners
Renters
Vacant
100.0%
100.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.1%
11.1%
71.1%
71.1%
17.8%
17.8%
0.0%
0.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
100.0%
100.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
28.9%
28.9%
71.1%
71.1%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Chunchula

Zip Codes in Chunchula, AL