Pinson, AL Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Pinson Housing Market Information

With 7,106 people, 2,700 houses or apartments, and a median cost of homes of $183,273, Pinson real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Pinson, accounting for 96.91% of the city's housing units. Other types of housing that are prevalent in Pinson include mobile homes or trailers ( 1.12%), row houses and other attached homes ( 1.09%).

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 85.59% of Pinson's homes, and 82.16% 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 ( 19.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.37%). There's also some housing in Pinson built before 1939 ( 3.48%).

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 1.48%, which is lower than 70% of US communities.

Appreciation rates are so strong in Pinson that despite a nationwide downturn in the housing market, Pinson real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pinson appreciation rates continue to be some of the highest in America, at 5.03%, which is higher than appreciation rates in 71.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pinson. Pinson appreciation rates in the latest quarter were at 1.47%, which equates to an annual appreciation rate of 6.02%.

Relative to Alabama, our data show that Pinson's latest annual appreciation rate is higher than 60% of the other cities and towns in Alabama.

Average Home Values

 
info

Median Home Value:
$183,273

Pinson, AL HOME PRICES

> $1,216,000
0.0%
0.0%
$912,001 - $1,216,000
0.0%
0.0%
$608,001 - $912,000
0.1%
0.1%
$486,001 - $608,000
0.4%
0.4%
$364,001 - $486,000
2.8%
2.8%
$244,001 - $364,000
15.9%
15.9%
$122,001 - $244,000
59.1%
59.1%
$61,001 - $122,000
16.4%
16.4%
$0 - $61,000
5.3%
5.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for AL

Value Relative To Nation

Number Of Homes And Apartments:
2,700

Pinson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
31.44% 1.33%
2
1
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,478 / per month

Homeownership Rate

Owners
85.6%
85.6%
Renters
14.4%
14.4%
Vacant
5.2%
5.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
19.7%
19.7%
1970 - 1999
60.5%
60.5%
1940 - 1969
16.4%
16.4%
1939 or Older
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
96.9%
96.9%
Townhomes
1.1%
1.1%
Small Apt. Buildings
0.4%
0.4%
Apt. Complexes
0.5%
0.5%
Mobile Homes
1.1%
1.1%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
0.0%
0.0%
1 Bedroom
0.8%
0.8%
2 Bedrooms
14.8%
14.8%
3 Bedrooms
66.6%
66.6%
4 Bedrooms
15.6%
15.6%
5 or more bedrooms
2.2%
2.2%
0.0% 100.0%
% OF HOMES