Trussville, AL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Trussville Neighborhoods Since 2000




Trussville, AL Real Estate Data


Trussville Housing Market Information

With a population of 21,023, 7,124 total housing units (homes and apartments), and a median house value of $247,435, Trussville real estate is some of the most expensive in Alabama, although Trussville home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Trussville, accounting for 94.43% of the city's housing units. Other types of housing that are prevalent in Trussville include large apartment complexes or high rise apartments ( 3.26%), mobile homes or trailers ( 1.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Trussville. Owner-occupied housing accounts for 88.13% of Trussville's homes, and 82.89% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Trussville 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 Trussville built between 2000 and later ( 36.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.67%). There's also some housing in Trussville built before 1939 ( 5.68%).

Trussville Home Appreciation Rates

Real estate appreciation rates in Trussville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.27% during the period.

NeighborhoodScout's data show that during the latest twelve months, Trussville's appreciation rate, at 4.43%, has been at or slightly above the national average. In the latest quarter, Trussville's appreciation rate has been 2.45%, which annualizes to a rate of 10.16%.

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

Average Home Values

 

Median Home Value:
$247,435

Trussville, AL HOME PRICES

Value Range
> $1,125,000 0.7
$844,001 - $1,125,000 0.1
$563,001 - $844,000 0.8
$450,001 - $563,000 2.7
$337,001 - $450,000 15.2
$225,001 - $337,000 39.5
$112,001 - $225,000 32.2
$56,001 - $112,000 6.9
$0 - $56,000 2.0

Very High for AL
High for Nation

Value Relative to Nation Value Relative to State
23.5755694794168 3.0

Number Of Homes And Apartments:
7,124

Rent & Ownership

 

Average Market Rent:
$1,455 / per month

Homeownership Rate

Homeownership
Owners 88.13
Renters 11.87
Vacant 6.69

Housing Market Details

 

Age of Homes

AGE OF Trussville HOMES
2000 or Newer 36.8
1970 - 1999 47.8
1940 - 1969 9.7
1939 or Older 5.7

Types of Homes

TYPE OF Trussville HOMES
Single-Family 94.4
Townhomes 0.7
Small Apt. Buildings 0.2
Apt. Complexes 3.3
Mobile Homes 1.4
Other 0.0

Home Size

SIZE OF Trussville HOMES
No Bedroom 0.35
1 Bedroom 1.27
2 Bedrooms 8.24
3 Bedrooms 52.74
4 Bedrooms 30.15
5 or more bedrooms 7.24

Trussville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
21.34% 1.14% 3 2
* 10 is highest

Popular Neighborhoods in Trussville

Zip Codes in Trussville, AL