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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 3,337 people, 1,468 houses or apartments, and a median cost of homes of $115,120, 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.
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 16.01%, which ranks in the top 30% nationwide. This equates to an annual average Moulton house appreciation rate of 1.50%.
Appreciation rates are so strong in Moulton that despite a nationwide downturn in the housing market, Moulton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moulton appreciation rates continue to be some of the highest in America, at 9.54%, which is higher than appreciation rates in 90.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moulton. Moulton appreciation rates in the latest quarter were at 4.54%, which equates to an annual appreciation rate of 19.46%.
Importantly, this makes Moulton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Alabama, our data show that Moulton's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.
|$840,001 - $1,120,000||0.0|
|$560,001 - $840,000||0.0|
|$448,001 - $560,000||0.5|
|$336,001 - $448,000||3.0|
|$224,001 - $336,000||10.9|
|$112,001 - $224,000||37.6|
|$56,001 - $112,000||27.8|
|$0 - $56,000||20.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q2
|* 10 is highest|
|AGE OF Moulton HOMES|
|2000 or Newer||14.5|
|1970 - 1999||43.2|
|1940 - 1969||34.3|
|1939 or Older||8.0|
|TYPE OF Moulton HOMES|
|Small Apt. Buildings||18.3|
|SIZE OF Moulton HOMES|
|5 or more bedrooms||2.31|