Hueytown, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hueytown Neighborhoods Since 2000




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 Q1 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

Hueytown Housing Market Information

With a population of 15,710, 5,940 total housing units (homes and apartments), and a median house value of $110,628, 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 87.80% of the city's housing units. Other types of housing that are prevalent in Hueytown include large apartment complexes or high rise apartments ( 6.01%), mobile homes or trailers ( 4.22%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.42%).

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 74.67% of Hueytown's homes, and 63.69% 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 46.07% of the city's housing hails from this era. Other housing ages represented in Hueytown include homes built between 1970-1999 ( 40.69%) and housing constructed between 2000 and later ( 9.29%). There's also some housing in Hueytown built before 1939 ( 3.95%).

Vacant housing appears to be an issue in Hueytown. Fully 12.14% 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 -1.05%, which is lower than 70% of US communities.

Over the last year, Hueytown appreciation rates have trailed the rest of the nation. In the last twelve months, Hueytown's appreciation rate has been 1.92%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hueytown were at 0.16%, which equates to an annual appreciation rate of 0.62%.

Relative to Alabama, our data show that Hueytown's latest annual appreciation rate is lower than 50% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$110,628

Hueytown, AL HOME PRICES

Value Range
> $1,037,000 0.2
$778,001 - $1,037,000 0.0
$519,001 - $778,000 0.0
$415,001 - $519,000 0.4
$311,001 - $415,000 0.8
$207,001 - $311,000 8.5
$104,001 - $207,000 44.0
$52,001 - $104,000 38.6
$0 - $52,000 7.3

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
70.9773819289816 45.5

Number Of Homes And Apartments:
5,940

Hueytown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
13.23% 0.72% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,030 / per month

Homeownership Rate

Homeownership
Owners 74.67
Renters 25.33
Vacant 12.14

Housing Market Details

 

Age of Homes

AGE OF Hueytown HOMES
2000 or Newer 9.3
1970 - 1999 40.7
1940 - 1969 46.1
1939 or Older 3.9

Types of Homes

TYPE OF Hueytown HOMES
Single-Family 87.8
Townhomes 0.6
Small Apt. Buildings 1.4
Apt. Complexes 6.0
Mobile Homes 4.2
Other 0.0

Home Size

SIZE OF Hueytown HOMES
No Bedroom 0.61
1 Bedroom 4.93
2 Bedrooms 27.70
3 Bedrooms 50.72
4 Bedrooms 12.97
5 or more bedrooms 3.08