Trinity, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Trinity Neighborhoods Since 2000




Trinity, 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 Q1 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

Trinity Housing Market Information

With a population of 2,157, 811 total housing units (homes and apartments), and a median house value of $173,044, Trinity real estate is some of the most expensive in Alabama, although Trinity home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Trinity, accounting for 93.57% of the town's housing units. Other types of housing that are prevalent in Trinity include mobile homes or trailers ( 4.79%), duplexes, homes converted to apartments or other small apartment buildings ( 1.64%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Trinity. Owner-occupied housing accounts for 88.41% of Trinity's homes, and 81.66% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Trinity 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 Trinity built between 2000 and later ( 24.07%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.95%).

Trinity Home Appreciation Rates

Appreciation rates for homes in Trinity have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 5.59%, which ranks in the top 40% nationwide. This equates to an annual average Trinity house appreciation rate of 0.55%.

Over the last year, Trinity appreciation rates have trailed the rest of the nation. In the last twelve months, Trinity's appreciation rate has been 1.04%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Trinity were at 2.14%, which equates to an annual appreciation rate of 8.84%.

Importantly, this makes Trinity one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Alabama, our data show that Trinity's latest annual appreciation rate is lower than 70% of the other cities and towns in Alabama.

Average Home Values

 

Median Home Value:
$173,044

Trinity, AL HOME PRICES

Value Range
> $1,034,000 0.0
$775,001 - $1,034,000 0.0
$517,001 - $775,000 0.0
$414,001 - $517,000 0.5
$310,001 - $414,000 4.4
$206,001 - $310,000 25.3
$103,001 - $206,000 47.6
$51,001 - $103,000 8.5
$0 - $51,000 13.7

Very High for AL
Average for Nation

Value Relative to Nation Value Relative to State
40.5836165475214 8.75

Number Of Homes And Apartments:
811

Trinity Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
23.47% 1.23% 4 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$880 / per month

Homeownership Rate

Homeownership
Owners 88.41
Renters 11.59
Vacant 5.26

Housing Market Details

 

Age of Homes

AGE OF Trinity HOMES
2000 or Newer 24.1
1970 - 1999 60.0
1940 - 1969 15.0
1939 or Older 0.9

Types of Homes

TYPE OF Trinity HOMES
Single-Family 93.6
Townhomes 0.0
Small Apt. Buildings 1.6
Apt. Complexes 0.0
Mobile Homes 4.8
Other 0.0

Home Size

SIZE OF Trinity HOMES
No Bedroom 0.00
1 Bedroom 1.64
2 Bedrooms 12.50
3 Bedrooms 59.46
4 Bedrooms 22.20
5 or more bedrooms 4.21

Popular Neighborhoods in Trinity

Zip Codes in Trinity, AL