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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 14,722, 6,086 total housing units (homes and apartments), and a median house value of $140,307, house prices in Scottsboro are solidly below the national average.
Single-family detached homes are the single most common housing type in Scottsboro, accounting for 74.96% of the city's housing units. Other types of housing that are prevalent in Scottsboro include large apartment complexes or high rise apartments ( 10.18%), mobile homes or trailers ( 7.39%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.77%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Scottsboro. Owner-occupied housing accounts for 67.97% of Scottsboro's homes, and 63.24% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Scottsboro 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 Scottsboro built between 1940-1969 ( 29.03%). A lesser amount of the housing stock also hails from between 2000 and later ( 12.03%). There's also some housing in Scottsboro built before 1939 ( 2.36%).
Vacant housing appears to be an issue in Scottsboro. Fully 11.26% of the housing stock is classified as vacant. Left unchecked, vacant Scottsboro homes and apartments can be a drag on the real estate market, holding Scottsboro 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.
Real estate appreciation rates in Scottsboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.11% during the period.
Over the last year, Scottsboro appreciation rates have trailed the rest of the nation. In the last twelve months, Scottsboro's appreciation rate has been 1.02%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Scottsboro were at -0.55%, which equates to an annual appreciation rate of -2.17%.
Notably, Scottsboro's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Alabama, our data show that Scottsboro's latest annual appreciation rate is lower than 70% of the other cities and towns in Alabama.
|$781,001 - $1,042,000||0.2|
|$521,001 - $781,000||1.6|
|$417,001 - $521,000||2.4|
|$313,001 - $417,000||5.6|
|$208,001 - $313,000||11.4|
|$104,001 - $208,000||34.6|
|$52,001 - $104,000||29.2|
|$0 - $52,000||14.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
2000 Q1 - 2017 Q2
|* 10 is highest|
|AGE OF Scottsboro HOMES|
|2000 or Newer||12.0|
|1970 - 1999||56.6|
|1940 - 1969||29.0|
|1939 or Older||2.4|
|TYPE OF Scottsboro HOMES|
|Small Apt. Buildings||5.8|
|SIZE OF Scottsboro HOMES|
|5 or more bedrooms||2.01|