Pinson, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pinson, AL Real Estate Data


Pinson Housing Market Information

With a population of 7,438, 2,984 total housing units (homes and apartments), and a median house value of $157,615, Pinson real estate is some of the most expensive in Alabama, although Pinson home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Pinson, accounting for 95.24% of the city's housing units. Other types of housing that are prevalent in Pinson include mobile homes or trailers ( 2.03%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pinson. Owner-occupied housing accounts for 86.90% of Pinson's homes, and 87.51% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Pinson 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 Pinson built between 2000 and later ( 22.73%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.34%). There's also some housing in Pinson built before 1939 ( 3.39%).

Pinson Home Appreciation Rates

Pinson's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Pinson during the period has been just -1.51%, which is lower than 80% of US communities.

Over the last year, Pinson appreciation rates have trailed the rest of the nation. In the last twelve months, Pinson's appreciation rate has been 2.51%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pinson were at -0.29%, which equates to an annual appreciation rate of -1.17%.

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

Average Home Values

 

Median Home Value:
$157,615

Pinson, AL HOME PRICES

Value Range
> $1,054,000 0.0
$791,001 - $1,054,000 0.5
$527,001 - $791,000 0.5
$421,001 - $527,000 0.6
$316,001 - $421,000 1.3
$211,001 - $316,000 17.3
$105,001 - $211,000 57.8
$52,001 - $105,000 16.3
$0 - $52,000 5.2

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
46.4432204382984 13.5

Number Of Homes And Apartments:
2,984

Rent & Ownership

 

Average Market Rent:
$1,228 / per month

Homeownership Rate

Homeownership
Owners 86.90
Renters 13.10
Vacant 5.39

Housing Market Details

 

Age of Homes

AGE OF Pinson HOMES
2000 or Newer 22.7
1970 - 1999 56.5
1940 - 1969 17.3
1939 or Older 3.4

Types of Homes

TYPE OF Pinson HOMES
Single-Family 95.2
Townhomes 0.9
Small Apt. Buildings 0.9
Apt. Complexes 0.9
Mobile Homes 2.0
Other 0.0

Home Size

SIZE OF Pinson HOMES
No Bedroom 0.00
1 Bedroom 0.38
2 Bedrooms 10.08
3 Bedrooms 69.02
4 Bedrooms 18.48
5 or more bedrooms 2.03

Pinson 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
7.91% 0.44% 1 1
* 10 is highest