Wetumpka, AL


Highest Appreciating Wetumpka Neighborhoods Since 2000

Wetumpka, 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 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

Wetumpka Housing Market Information

With a population of 7,994, 2,591 total housing units (homes and apartments), and a median house value of $112,917, house prices in Wetumpka are solidly below the national average.

Single-family detached homes are the single most common housing type in Wetumpka, accounting for 76.59% of the city's housing units. Other types of housing that are prevalent in Wetumpka include duplexes, homes converted to apartments or other small apartment buildings ( 9.65%), large apartment complexes or high rise apartments ( 8.24%), and a few mobile homes or trailers ( 2.69%).

The most prevalent building size and type in Wetumpka are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.13% owning and 47.87% renting.

There is a lot of housing in Wetumpka 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 Wetumpka built between 2000 and later ( 27.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 24.59%). There's also some housing in Wetumpka built before 1939 ( 8.91%).

Vacant housing appears to be an issue in Wetumpka. Fully 12.85% of the housing stock is classified as vacant. Left unchecked, vacant Wetumpka homes and apartments can be a drag on the real estate market, holding Wetumpka 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.

Wetumpka Home Appreciation Rates

Real estate appreciation rates in Wetumpka's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.24% during the period.

Over the last year, Wetumpka appreciation rates have trailed the rest of the nation. In the last twelve months, Wetumpka's appreciation rate has been -0.85%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Wetumpka were at -0.15%, which equates to an annual appreciation rate of -0.58%.

Notably, Wetumpka's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Alabama, our data show that Wetumpka's latest annual appreciation rate is lower than 90% of the other cities and towns in Alabama.

Average Home Values


Median Home Value:


Value Range
> $1,043,000 0.4
$783,001 - $1,043,000 0.1
$522,001 - $783,000 0.1
$417,001 - $522,000 0.2
$313,001 - $417,000 2.2
$209,001 - $313,000 15.7
$104,001 - $209,000 46.1
$52,001 - $104,000 18.7
$0 - $52,000 16.4

Average for AL
Low for Nation

Value Relative to Nation Value Relative to State
71.8074828737046 46.0

Number Of Homes And Apartments:

Wetumpka Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2017 Q2 - 2017 Q3
Last 12 Months:
2016 Q3 - 2017 Q3
Last 2 Years:
2015 Q3 - 2017 Q3
Last 5 Years:
2012 Q3 - 2017 Q3
Last 10 Years:
2007 Q3 - 2017 Q3
Since 2000:
2000 Q1 - 2017 Q3
25.25% 1.28% 3 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,088 / per month

Homeownership Rate

Owners 52.13
Renters 47.87
Vacant 12.85

Housing Market Details


Age of Homes

2000 or Newer 27.2
1970 - 1999 39.3
1940 - 1969 24.6
1939 or Older 8.9

Types of Homes

Single-Family 76.6
Townhomes 1.3
Small Apt. Buildings 9.7
Apt. Complexes 8.2
Mobile Homes 2.7
Other 1.5

Home Size

No Bedroom 0.67
1 Bedroom 9.72
2 Bedrooms 17.52
3 Bedrooms 57.82
4 Bedrooms 12.24
5 or more bedrooms 2.02