Haleyville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Haleyville, 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

Haleyville Housing Market Information

With a population of 4,088, 1,666 total housing units (homes and apartments), and a median house value of $120,420, house prices in Haleyville are solidly below the national average.

Single-family detached homes are the single most common housing type in Haleyville, accounting for 67.76% of the city's housing units. Other types of housing that are prevalent in Haleyville include duplexes, homes converted to apartments or other small apartment buildings ( 13.31%), mobile homes or trailers ( 9.49%), and a few large apartment complexes or high rise apartments ( 9.10%).

The most prevalent building size and type in Haleyville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 47.60% owning and 52.40% renting.

There is a lot of housing in Haleyville 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 Haleyville built between 1940-1969 ( 41.44%). A lesser amount of the housing stock also hails from before 1939 ( 6.65%). There's also some housing in Haleyville built between 2000 and later ( 5.87%).

Vacant housing appears to be an issue in Haleyville. Fully 18.49% of the housing stock is classified as vacant. Left unchecked, vacant Haleyville homes and apartments can be a drag on the real estate market, holding Haleyville 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.

Haleyville Home Appreciation Rates

Real estate appreciation rates in Haleyville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.19% during the period.

Over the last year, Haleyville appreciation rates have trailed the rest of the nation. In the last twelve months, Haleyville's appreciation rate has been 1.40%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Haleyville were at -0.55%, which equates to an annual appreciation rate of -2.17%.

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

Relative to Alabama, our data show that Haleyville's latest annual appreciation rate is lower than 70% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$120,420

Haleyville, AL HOME PRICES

Value Range
> $1,066,000 0.0
$799,001 - $1,066,000 1.4
$533,001 - $799,000 0.0
$426,001 - $533,000 0.5
$320,001 - $426,000 1.9
$213,001 - $320,000 13.3
$107,001 - $213,000 24.8
$53,001 - $107,000 34.2
$0 - $53,000 23.8

High for AL
Low for Nation

Value Relative to Nation Value Relative to State
66.5319983605598 38.0

Number Of Homes And Apartments:
1,666

Haleyville 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
47.55% 2.25% 9 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$891 / per month

Homeownership Rate

Homeownership
Owners 47.60
Renters 52.40
Vacant 18.49

Housing Market Details

 

Age of Homes

AGE OF Haleyville HOMES
2000 or Newer 5.9
1970 - 1999 46.0
1940 - 1969 41.4
1939 or Older 6.7

Types of Homes

TYPE OF Haleyville HOMES
Single-Family 67.8
Townhomes 0.3
Small Apt. Buildings 13.3
Apt. Complexes 9.1
Mobile Homes 9.5
Other 0.0

Home Size

SIZE OF Haleyville HOMES
No Bedroom 1.03
1 Bedroom 8.81
2 Bedrooms 27.50
3 Bedrooms 53.72
4 Bedrooms 7.53
5 or more bedrooms 1.42

Popular Neighborhoods in Haleyville

Zip Codes in Haleyville, AL