Moody, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Moody, AL Real Estate Data


Moody Housing Market Information

With a population of 12,593, 4,785 total housing units (homes and apartments), and a median house value of $149,225, Moody real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Moody, accounting for 81.29% of the city's housing units. Other types of housing that are prevalent in Moody include large apartment complexes or high rise apartments ( 8.59%), mobile homes or trailers ( 8.19%), and a few row houses and other attached homes ( 1.36%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moody. Owner-occupied housing accounts for 77.77% of Moody's homes, and 81.37% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Moody 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 Moody built between 2000 and later ( 41.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.75%). There's also some housing in Moody built before 1939 ( 1.41%).

Moody Home Appreciation Rates

Appreciation rates for homes in Moody have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.37%, which ranks in the top 50% nationwide. This equates to an annual average Moody house appreciation rate of 0.33%.

Over the last year, Moody appreciation rates have trailed the rest of the nation. In the last twelve months, Moody's appreciation rate has been 3.95%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moody were at 2.45%, which equates to an annual appreciation rate of 10.16%.

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

Average Home Values

 

Median Home Value:
$149,225

Moody, AL HOME PRICES

Value Range
> $1,114,000 0.0
$835,001 - $1,114,000 0.0
$557,001 - $835,000 0.1
$446,001 - $557,000 0.5
$334,001 - $446,000 3.9
$223,001 - $334,000 11.4
$111,001 - $223,000 53.4
$55,001 - $111,000 18.5
$0 - $55,000 12.2

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
51.1506704924753 15.75

Number Of Homes And Apartments:
4,785

Rent & Ownership

 

Average Market Rent:
$1,110 / per month

Homeownership Rate

Homeownership
Owners 77.77
Renters 22.23
Vacant 5.97

Housing Market Details

 

Age of Homes

AGE OF Moody HOMES
2000 or Newer 41.0
1970 - 1999 45.8
1940 - 1969 11.8
1939 or Older 1.4

Types of Homes

TYPE OF Moody HOMES
Single-Family 81.3
Townhomes 1.4
Small Apt. Buildings 0.6
Apt. Complexes 8.6
Mobile Homes 8.2
Other 0.0

Home Size

SIZE OF Moody HOMES
No Bedroom 0.45
1 Bedroom 2.99
2 Bedrooms 14.01
3 Bedrooms 66.32
4 Bedrooms 15.05
5 or more bedrooms 1.18

Moody Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
25.28% 1.33% 4 3
* 10 is highest