Alabama
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Top Ten Highest Appreciating AL Cities Since 2000




Alabama Real Estate Values & Housing Market 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 Q2 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$125,271

Number Of Homes And Apartments:
1,848,325

Alabama Home Prices

Value Range
> $1,063,000 0.6
$797,001 - $1,063,000 0.6
$532,001 - $797,000 1.8
$425,001 - $532,000 2.0
$319,001 - $425,000 5.4
$213,001 - $319,000 13.8
$106,001 - $213,000 34.5
$53,001 - $106,000 25.0
$0 - $53,000 16.2

Alabama Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2017 Q1 - 2017 Q2
1.72% 7.04% 4
Last 12 Months:
2016 Q2 - 2017 Q2
3.67% 3.67% 3
Last 2 Years:
2015 Q2 - 2017 Q2
7.19% 3.53% 4
Last 5 Years:
2012 Q2 - 2017 Q2
11.51% 2.20% 2
Last 10 Years:
2007 Q2 - 2017 Q2
2.39% 0.24% 4
Since 2000:
2000 Q1 - 2017 Q2
47.27% 2.27% 2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$942 / per month

Homeownership Rate

Homeownership
Owners 67.00
Renters 33.00
Vacant 15.96

Housing Details

Age of Homes

AGE OF Alabama HOMES
2000 or Newer 19.0
1970 - 1999 50.3
1940 - 1969 25.1
1939 or Older 5.6

Types of Homes

TYPE OF Alabama HOMES
Single-Family 68.6
Townhomes 1.6
Small Apt. Buildings 5.0
Apt. Complexes 11.2
Mobile Homes 13.5
Other 0.1

Home Size

SIZE OF Alabama HOMES
No Bedroom 1.20
1 Bedroom 6.10
2 Bedrooms 23.92
3 Bedrooms 49.94
4 Bedrooms 15.50
5 or more bedrooms 3.33