Dadeville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dadeville Neighborhoods Since 2000




Dadeville, AL Real Estate Data


Dadeville Housing Market Information

With a population of 3,150, 1,207 total housing units (homes and apartments), and a median house value of $103,750, house prices in Dadeville are solidly below the national average.

Single-family detached homes are the single most common housing type in Dadeville, accounting for 70.46% of the city's housing units. Other types of housing that are prevalent in Dadeville include large apartment complexes or high rise apartments ( 11.82%), mobile homes or trailers ( 8.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.05%).

The most prevalent building size and type in Dadeville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.52% owning and 46.48% renting.

There is a lot of housing in Dadeville 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 Dadeville built between 1940-1969 ( 28.81%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.08%). There's also some housing in Dadeville built before 1939 ( 5.84%).

Vacant housing appears to be an issue in Dadeville. Fully 11.96% of the housing stock is classified as vacant. Left unchecked, vacant Dadeville homes and apartments can be a drag on the real estate market, holding Dadeville 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.

Dadeville Home Appreciation Rates

Real estate appreciation rates in Dadeville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.34% during the period.

Appreciation rates are so strong in Dadeville that despite a nationwide downturn in the housing market, Dadeville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dadeville appreciation rates continue to be some of the highest in America, at 8.76%, which is higher than appreciation rates in 89.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dadeville. Dadeville appreciation rates in the latest quarter were at 1.33%, which equates to an annual appreciation rate of 5.41%.

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

Average Home Values

 

Median Home Value:
$103,750

Dadeville, AL HOME PRICES

Value Range
> $1,116,000 0.7
$837,001 - $1,116,000 0.2
$558,001 - $837,000 0.6
$446,001 - $558,000 0.2
$335,001 - $446,000 1.1
$223,001 - $335,000 7.7
$112,001 - $223,000 39.7
$56,001 - $112,000 24.8
$0 - $56,000 25.0

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
75.1113324739248 51.75

Number Of Homes And Apartments:
1,207

Rent & Ownership

 

Average Market Rent:
$752 / per month

Homeownership Rate

Homeownership
Owners 53.52
Renters 46.48
Vacant 11.96

Housing Market Details

 

Age of Homes

AGE OF Dadeville HOMES
2000 or Newer 14.1
1970 - 1999 51.3
1940 - 1969 28.8
1939 or Older 5.8

Types of Homes

TYPE OF Dadeville HOMES
Single-Family 70.5
Townhomes 3.4
Small Apt. Buildings 6.1
Apt. Complexes 11.8
Mobile Homes 8.3
Other 0.0

Home Size

SIZE OF Dadeville HOMES
No Bedroom 6.20
1 Bedroom 5.32
2 Bedrooms 30.63
3 Bedrooms 46.83
4 Bedrooms 5.18
5 or more bedrooms 5.84

Dadeville 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
72.88% 3.22% 10 9
* 10 is highest

Popular Neighborhoods in Dadeville

Zip Codes in Dadeville, AL