Moulton, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Moulton, AL Real Estate Data


Moulton Housing Market Information

With a population of 3,337, 1,468 total housing units (homes and apartments), and a median house value of $107,124, house prices in Moulton are solidly below the national average.

Single-family detached homes are the single most common housing type in Moulton, accounting for 68.09% of the city's housing units. Other types of housing that are prevalent in Moulton include duplexes, homes converted to apartments or other small apartment buildings ( 18.33%), large apartment complexes or high rise apartments ( 11.27%), and a few mobile homes or trailers ( 1.95%).

The most prevalent building size and type in Moulton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.21% owning and 44.79% renting.

There is a lot of housing in Moulton 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 Moulton built between 1940-1969 ( 34.29%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.49%). There's also some housing in Moulton built before 1939 ( 7.98%).

Vacant housing appears to be an issue in Moulton. Fully 10.60% of the housing stock is classified as vacant. Left unchecked, vacant Moulton homes and apartments can be a drag on the real estate market, holding Moulton 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.

Moulton Home Appreciation Rates

Appreciation rates for homes in Moulton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.70%, which ranks in the top 30% nationwide. This equates to an annual average Moulton house appreciation rate of 1.11%.

Over the last year, Moulton appreciation rates have trailed the rest of the nation. In the last twelve months, Moulton's appreciation rate has been 2.64%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moulton were at -0.01%, which equates to an annual appreciation rate of -0.05%.

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

Average Home Values

 

Median Home Value:
$107,124

Moulton, AL HOME PRICES

Value Range
> $1,041,000 0.0
$781,001 - $1,041,000 0.0
$520,001 - $781,000 0.0
$416,001 - $520,000 0.5
$312,001 - $416,000 3.0
$208,001 - $312,000 10.9
$104,001 - $208,000 37.6
$52,001 - $104,000 27.8
$0 - $52,000 20.2

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
72.9462088362827 49.0

Number Of Homes And Apartments:
1,468

Rent & Ownership

 

Average Market Rent:
$618 / per month

Homeownership Rate

Homeownership
Owners 55.21
Renters 44.79
Vacant 10.60

Housing Market Details

 

Age of Homes

AGE OF Moulton HOMES
2000 or Newer 14.5
1970 - 1999 43.2
1940 - 1969 34.3
1939 or Older 8.0

Types of Homes

TYPE OF Moulton HOMES
Single-Family 68.1
Townhomes 0.4
Small Apt. Buildings 18.3
Apt. Complexes 11.3
Mobile Homes 1.9
Other 0.0

Home Size

SIZE OF Moulton HOMES
No Bedroom 1.34
1 Bedroom 10.66
2 Bedrooms 30.27
3 Bedrooms 43.42
4 Bedrooms 12.00
5 or more bedrooms 2.31

Moulton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
30.24% 1.54% 6 3
* 10 is highest

Popular Neighborhoods in Moulton

Zip Codes in Moulton, AL