Hueytown, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Hueytown Housing Market Information

With 15,322 people, 5,615 houses or apartments, and a median cost of homes of $138,454, house prices in Hueytown are solidly below the national average.

Single-family detached homes are the single most common housing type in Hueytown, accounting for 85.44% of the city's housing units. Other types of housing that are prevalent in Hueytown include large apartment complexes or high rise apartments ( 7.66%), mobile homes or trailers ( 3.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hueytown. Owner-occupied housing accounts for 67.90% of Hueytown's homes, and 61.90% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hueytown's housing was primarily built during this period, from the '40s through the '60s. A full 49.13% of the city's housing hails from this era. Other housing ages represented in Hueytown include homes built between 1970-1999 ( 39.32%) and housing constructed between 2000 and later ( 7.67%). There's also some housing in Hueytown built before 1939 ( 3.87%).

Vacant housing appears to be an issue in Hueytown. Fully 12.28% of the housing stock is classified as vacant. Left unchecked, vacant Hueytown homes and apartments can be a drag on the real estate market, holding Hueytown 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.

Hueytown Home Appreciation Rates

Hueytown's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hueytown during the period has been just 1.51%, which is lower than 70% of US communities.

Appreciation rates are so strong in Hueytown that despite a nationwide downturn in the housing market, Hueytown real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hueytown appreciation rates continue to be some of the highest in America, at 5.38%, which is higher than appreciation rates in 78.70% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hueytown. Hueytown appreciation rates in the latest quarter were at 1.50%, which equates to an annual appreciation rate of 6.12%.

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

Average Home Values

 
info

Median Home Value:
$138,454

Hueytown, AL HOME PRICES

> $1,242,000
0.2%
0.2%
$931,001 - $1,242,000
0.0%
0.0%
$621,001 - $931,000
0.3%
0.3%
$497,001 - $621,000
0.2%
0.2%
$373,001 - $497,000
1.9%
1.9%
$248,001 - $373,000
9.0%
9.0%
$124,001 - $248,000
45.0%
45.0%
$62,001 - $124,000
38.6%
38.6%
$0 - $62,000
4.7%
4.7%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

Average for AL

Value Relative To Nation

Number Of Homes And Apartments:
5,615

Hueytown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
34.29% 1.43%
2
2
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,373 / per month

Homeownership Rate

Owners
67.9%
67.9%
Renters
32.1%
32.1%
Vacant
12.3%
12.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
7.7%
7.7%
1970 - 1999
39.3%
39.3%
1940 - 1969
49.1%
49.1%
1939 or Older
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
85.4%
85.4%
Townhomes
0.5%
0.5%
Small Apt. Buildings
2.7%
2.7%
Apt. Complexes
7.7%
7.7%
Mobile Homes
3.6%
3.6%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
2.4%
2.4%
2 Bedrooms
32.0%
32.0%
3 Bedrooms
53.2%
53.2%
4 Bedrooms
8.7%
8.7%
5 or more bedrooms
2.8%
2.8%
0.0% 100.0%
% OF HOMES