Irondale, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Irondale Neighborhoods Since 2000




Irondale, 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

Irondale Housing Market Information

With 12,423 people, 5,369 houses or apartments, and a median cost of homes of $238,883, Irondale real estate is some of the most expensive in Alabama, although Irondale home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Irondale, accounting for 66.66% of the city's housing units. Other types of housing that are prevalent in Irondale include large apartment complexes or high rise apartments ( 18.24%), mobile homes or trailers ( 10.58%), and a few row houses and other attached homes ( 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 Irondale. Owner-occupied housing accounts for 70.96% of Irondale's homes, and 64.08% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Irondale 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 Irondale built between 1940-1969 ( 23.84%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.35%). There's also some housing in Irondale built before 1939 ( 7.00%).

Irondale Home Appreciation Rates

Real estate appreciation rates in Irondale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.26% during the period.

NeighborhoodScout's data show that during the latest twelve months, Irondale's appreciation rate, at 4.05%, has been at or slightly above the national average. In the latest quarter, Irondale's appreciation rate has been 2.24%, which annualizes to a rate of 9.29%.

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

Average Home Values

 

Median Home Value:
$238,883

Irondale, AL HOME PRICES

Value Range
> $1,122,000 1.8
$842,001 - $1,122,000 2.3
$561,001 - $842,000 8.9
$449,001 - $561,000 6.5
$336,001 - $449,000 6.7
$224,001 - $336,000 13.8
$112,001 - $224,000 35.5
$56,001 - $112,000 12.6
$0 - $56,000 11.9

Very High for AL
High for Nation

Value Relative to Nation Value Relative to State
25.291293401253 3.125

Number Of Homes And Apartments:
5,369

Irondale 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
29.94% 1.51% 5 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,240 / per month

Homeownership Rate

Homeownership
Owners 70.96
Renters 29.04
Vacant 8.38

Housing Market Details

 

Age of Homes

AGE OF Irondale HOMES
2000 or Newer 11.3
1970 - 1999 57.8
1940 - 1969 23.8
1939 or Older 7.0

Types of Homes

TYPE OF Irondale HOMES
Single-Family 66.7
Townhomes 2.7
Small Apt. Buildings 1.8
Apt. Complexes 18.2
Mobile Homes 10.6
Other 0.0

Home Size

SIZE OF Irondale HOMES
No Bedroom 1.33
1 Bedroom 4.78
2 Bedrooms 28.28
3 Bedrooms 54.06
4 Bedrooms 10.02
5 or more bedrooms 1.54