Moundville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Moundville, AL Real Estate Data


Moundville Housing Market Information

With 2,460 people, 803 houses or apartments, and a median cost of homes of $133,330, house prices in Moundville are solidly below the national average.

Single-family detached homes are the single most common housing type in Moundville, accounting for 78.81% of the town's housing units. Other types of housing that are prevalent in Moundville include mobile homes or trailers ( 11.37%), duplexes, homes converted to apartments or other small apartment buildings ( 3.53%), and a few large apartment complexes or high rise apartments ( 3.42%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moundville. Owner-occupied housing accounts for 74.27% of Moundville's homes, and 77.15% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Moundville 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 Moundville built between 2000 and later ( 35.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.98%). There's also some housing in Moundville built before 1939 ( 2.21%).

Vacant housing appears to be an issue in Moundville. Fully 11.37% of the housing stock is classified as vacant. Left unchecked, vacant Moundville homes and apartments can be a drag on the real estate market, holding Moundville 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.

Moundville Home Appreciation Rates

Appreciation rates for homes in Moundville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 1.74%, which ranks in the top 50% nationwide. This equates to an annual average Moundville house appreciation rate of 0.17%.

Appreciation rates are so strong in Moundville that despite a nationwide downturn in the housing market, Moundville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moundville appreciation rates continue to be some of the highest in America, at 9.74%, which is higher than appreciation rates in 92.47% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moundville. Moundville appreciation rates in the latest quarter were at 0.10%, which equates to an annual appreciation rate of 0.41%.

Relative to Alabama, our data show that Moundville's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$133,330

Moundville, AL HOME PRICES

Value Range
> $1,078,000 0.0
$808,001 - $1,078,000 0.1
$539,001 - $808,000 1.0
$431,001 - $539,000 1.8
$324,001 - $431,000 6.0
$215,001 - $324,000 11.0
$108,001 - $215,000 42.1
$54,001 - $108,000 21.3
$0 - $54,000 16.5

High for AL
Average for Nation

Value Relative to Nation Value Relative to State
57.8753076292043 25.5

Number Of Homes And Apartments:
803

Rent & Ownership

 

Average Market Rent:
$840 / per month

Homeownership Rate

Homeownership
Owners 74.27
Renters 25.73
Vacant 11.37

Housing Market Details

 

Age of Homes

AGE OF Moundville HOMES
2000 or Newer 35.2
1970 - 1999 43.6
1940 - 1969 19.0
1939 or Older 2.2

Types of Homes

TYPE OF Moundville HOMES
Single-Family 78.8
Townhomes 2.9
Small Apt. Buildings 3.5
Apt. Complexes 3.4
Mobile Homes 11.4
Other 0.0

Home Size

SIZE OF Moundville HOMES
No Bedroom 0.55
1 Bedroom 3.20
2 Bedrooms 17.66
3 Bedrooms 63.80
4 Bedrooms 13.36
5 or more bedrooms 1.43

Moundville 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
27.52% 1.42% 5 3
* 10 is highest

Popular Neighborhoods in Moundville

Zip Codes in Moundville, AL