Huntsville, AL is known for its competitive housing market. The median house value is currently $259,100, which is significantly lower than the US median house value of $338,100. However, the one year appreciation in Huntsville is 11.00%, which is higher than the 8.27% seen by houses across the US. This reflects a strong and growing housing market in Huntsville that offers potential buyers an opportunity to purchase a home at a more affordable price while still benefitting from an excellent rate of appreciation.
The median home cost in Huntsville is $259,100. Home appreciation the last 10 years has been 88.4%. Home Appreciation in Huntsville is up 21.0%.
Average Age of Homes
- The median age of Huntsville real estate is 39 years old
The Rental Market in Huntsville
- Renters make up 35.6% of the Huntsville population
- 2.0% of houses and apartments in Huntsville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.