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

Average Home Values

Median Home Value:
$128,574

Number Of Homes And Apartments:
1,845,821

Alabama Home Prices

Value Range
> $1,050,000 0.7
$787,001 - $1,050,000 0.7
$525,001 - $787,000 1.8
$420,001 - $525,000 2.1
$315,001 - $420,000 5.5
$210,001 - $315,000 14.5
$105,001 - $210,000 34.5
$52,001 - $105,000 23.7
$0 - $52,000 16.4

Housing Details

Age of Homes

AGE OF Alabama HOMES
2000 or Newer 18.2
1970 - 1999 50.8
1940 - 1969 25.4
1939 or Older 5.7

Types of Homes

TYPE OF Alabama HOMES
Single-Family 68.5
Townhomes 1.7
Small Apt. Buildings 5.0
Apt. Complexes 11.0
Mobile Homes 13.6
Other 0.1

Home Size

SIZE OF Alabama HOMES
No Bedroom 1.21
1 Bedroom 6.20
2 Bedrooms 23.92
3 Bedrooms 49.95
4 Bedrooms 15.40
5 or more bedrooms 3.33

Rent & Homeownership

Average Market Rent:
$906 / per month

Homeownership Rate

Homeownership
Owners 67.49
Renters 32.51
Vacant 15.91

Alabama Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2016 Q2 - 2016 Q3
1.65% 6.76% 6
Last 12 Months:
2015 Q4 - 2016 Q3
4.23% 4.23% 4
Last 2 Years:
2014 Q4 - 2016 Q3
7.35% 3.61% 4
Last 5 Years:
2011 Q4 - 2016 Q3
8.70% 1.68% 2
Last 10 Years:
2006 Q4 - 2016 Q3
4.73% 0.46% 6
Since 2000:
2000 Q1 - 2016 Q3
44.79% 2.27% 2
* 10 is highest