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 a population of 3,234, 1,401 total housing units (homes and apartments), and a median house value of $124,800, 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 66.98% of the city's housing units. Other types of housing that are prevalent in Moulton include large apartment complexes or high rise apartments ( 18.38%), duplexes, homes converted to apartments or other small apartment buildings ( 14.14%).
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 47.83% owning and 52.17% 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 ( 23.12%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.83%). There's also some housing in Moulton built before 1939 ( 7.85%).
Vacant housing appears to be an issue in Moulton. Fully 12.71% 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.
Real estate appreciation rates in Moulton's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 1.89% during the period.
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 8.10%, which is higher than appreciation rates in 85.67% 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 2.36%, which equates to an annual appreciation rate of 9.77%.
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 80% of the other cities and towns in Alabama.
|$835,001 - $1,113,000||0.8|
|$557,001 - $835,000||0.3|
|$445,001 - $557,000||2.6|
|$334,001 - $445,000||2.8|
|$223,001 - $334,000||13.0|
|$111,001 - $223,000||35.4|
|$56,001 - $111,000||28.6|
|$0 - $56,000||16.5|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
2000 Q1 - 2020 Q1
|* 10 is highest|
|AGE OF Moulton HOMES|
|2000 or Newer||13.8|
|1970 - 1999||55.2|
|1940 - 1969||23.1|
|1939 or Older||7.9|
|TYPE OF Moulton HOMES|
|Small Apt. Buildings||14.1|
|SIZE OF Moulton HOMES|
|5 or more bedrooms||0.50|