Gardendale, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Gardendale, AL Real Estate Data


Gardendale Housing Market Information

With 13,711 people, 5,627 houses or apartments, and a median cost of homes of $168,007, Gardendale real estate is some of the most expensive in Alabama, although Gardendale home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Gardendale, accounting for 85.20% of the city's housing units. Other types of housing that are prevalent in Gardendale include large apartment complexes or high rise apartments ( 6.73%), mobile homes or trailers ( 3.02%), and a few row houses and other attached homes ( 2.98%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gardendale. Owner-occupied housing accounts for 80.73% of Gardendale's homes, and 69.93% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Gardendale 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 Gardendale built between 1940-1969 ( 26.86%). A lesser amount of the housing stock also hails from between 2000 and later ( 25.19%). There's also some housing in Gardendale built before 1939 ( 2.20%).

Gardendale Home Appreciation Rates

Real estate appreciation rates in Gardendale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.74% during the period.

Over the last year, Gardendale appreciation rates have trailed the rest of the nation. In the last twelve months, Gardendale's appreciation rate has been 1.18%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gardendale were at -0.56%, which equates to an annual appreciation rate of -2.23%.

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

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

Average Home Values

 

Median Home Value:
$168,007

Gardendale, AL HOME PRICES

Value Range
> $1,054,000 0.0
$791,001 - $1,054,000 0.0
$527,001 - $791,000 0.2
$422,001 - $527,000 2.7
$316,001 - $422,000 6.0
$211,001 - $316,000 16.5
$106,001 - $211,000 56.2
$53,001 - $106,000 10.5
$0 - $53,000 7.9

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
42.1627797960858 10.625

Number Of Homes And Apartments:
5,627

Rent & Ownership

 

Average Market Rent:
$1,185 / per month

Homeownership Rate

Homeownership
Owners 80.73
Renters 19.27
Vacant 6.76

Housing Market Details

 

Age of Homes

AGE OF Gardendale HOMES
2000 or Newer 25.2
1970 - 1999 45.7
1940 - 1969 26.9
1939 or Older 2.2

Types of Homes

TYPE OF Gardendale HOMES
Single-Family 85.2
Townhomes 3.0
Small Apt. Buildings 2.1
Apt. Complexes 6.7
Mobile Homes 3.0
Other 0.0

Home Size

SIZE OF Gardendale HOMES
No Bedroom 0.00
1 Bedroom 1.28
2 Bedrooms 24.13
3 Bedrooms 54.42
4 Bedrooms 15.51
5 or more bedrooms 4.67

Gardendale 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
13.24% 0.72% 2 1
* 10 is highest

Popular Neighborhoods in Gardendale

Zip Codes in Gardendale, AL