Hueytown, AL Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Hueytown, AL Housing Market Trends

With 15,322 people, 5,707 houses or apartments, and a median cost of homes of $132,358, 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 85.63% of the city's housing units. Other types of housing that are prevalent in Hueytown include large apartment complexes or high rise apartments ( 8.23%), mobile homes or trailers ( 3.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.07%).

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 66.73% of Hueytown's homes, and 64.33% 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 47.86% of the city's housing hails from this era. Other housing ages represented in Hueytown include homes built between 1970-1999 ( 40.73%) and housing constructed between 2000 and later ( 7.02%). There's also some housing in Hueytown built before 1939 ( 4.38%).

Vacant housing appears to be an issue in Hueytown. Fully 11.34% 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

Real estate appreciation rates in Hueytown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 2.44% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hueytown's appreciation rate, at 6.14%, has been at or slightly above the national average. In the latest quarter, Hueytown's appreciation rate has been 1.45%, which annualizes to a rate of 5.93%.

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

Average Home Values

 

Median Home Value:
$132,358

Hueytown, AL HOME PRICES

> $1,176,000
0.5%
0.5%
$882,001 - $1,176,000
0.0%
0.0%
$588,001 - $882,000
1.2%
1.2%
$471,001 - $588,000
0.2%
0.2%
$353,001 - $471,000
2.3%
2.3%
$235,001 - $353,000
11.6%
11.6%
$118,001 - $235,000
43.8%
43.8%
$59,001 - $118,000
33.6%
33.6%
$0 - $59,000
6.7%
6.7%
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:
5,707

Hueytown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q4 - 2021 Q1
Last 12 Months:
2020 Q1 - 2021 Q1
Last 2 Years:
2019 Q1 - 2021 Q1
Last 5 Years:
2016 Q1 - 2021 Q1
Last 10 Years:
2011 Q1 - 2021 Q1
Since 2000:
2000 Q1 - 2021 Q1
44.37% 1.74%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,328 / per month

Homeownership Rate

Owners
66.7%
66.7%
Renters
33.3%
33.3%
Vacant
11.3%
11.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.0%
7.0%
1970 - 1999
40.7%
40.7%
1940 - 1969
47.9%
47.9%
1939 or Older
4.4%
4.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
85.6%
85.6%
Townhomes
0.6%
0.6%
Small Apt. Buildings
2.1%
2.1%
Apt. Complexes
8.2%
8.2%
Mobile Homes
3.4%
3.4%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.9%
0.9%
1 Bedroom
1.7%
1.7%
2 Bedrooms
30.9%
30.9%
3 Bedrooms
54.7%
54.7%
4 Bedrooms
9.6%
9.6%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES