Trussville, 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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Trussville Housing Market Information

With a population of 22,635, 7,695 total housing units (homes and apartments), and a median house value of $283,302, 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 92.19% of the city's housing units. Other types of housing that are prevalent in Trussville include large apartment complexes or high rise apartments ( 4.69%), mobile homes or trailers ( 1.68%).

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 88.99% of Trussville's homes, and 80.89% 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 ( 43.08%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.24%). There's also some housing in Trussville built before 1939 ( 3.49%).

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 1.98% during the period.

NeighborhoodScout's data show that during the latest twelve months, Trussville's appreciation rate, at 4.42%, has been at or slightly above the national average. In the latest quarter, Trussville's appreciation rate has been 1.41%, which annualizes to a rate of 5.75%.

Relative to Alabama, our data show that Trussville's latest annual appreciation rate is lower than 60% of the other cities and towns in Alabama.

Average Home Values

 
info

Median Home Value:
$283,302

Trussville, AL HOME PRICES

> $1,199,000
0.7%
0.7%
$900,001 - $1,199,000
0.3%
0.3%
$600,001 - $900,000
1.1%
1.1%
$480,001 - $600,000
5.3%
5.3%
$360,001 - $480,000
15.2%
15.2%
$240,001 - $360,000
40.0%
40.0%
$120,001 - $240,000
28.4%
28.4%
$60,001 - $120,000
7.0%
7.0%
$0 - $60,000
2.0%
2.0%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for AL

Value Relative To Nation

Number Of Homes And Apartments:
7,695

Trussville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AL*
Compared To
America*
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
41.39% 1.68%
3
2
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$1,834 / per month

Homeownership Rate

Owners
89.0%
89.0%
Renters
11.0%
11.0%
Vacant
5.5%
5.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
43.1%
43.1%
1970 - 1999
45.2%
45.2%
1940 - 1969
8.2%
8.2%
1939 or Older
3.5%
3.5%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
92.2%
92.2%
Townhomes
0.7%
0.7%
Small Apt. Buildings
0.7%
0.7%
Apt. Complexes
4.7%
4.7%
Mobile Homes
1.7%
1.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.3%
1.3%
1 Bedroom
1.6%
1.6%
2 Bedrooms
8.2%
8.2%
3 Bedrooms
47.4%
47.4%
4 Bedrooms
33.5%
33.5%
5 or more bedrooms
8.0%
8.0%
0.0% 100.0%
% OF HOMES

Popular Neighborhoods in Trussville

Zip Codes in Trussville, AL