Housing in Tuscaloosa, AL is an attractive option for those looking to purchase or invest in a home. The median value of housing in Tuscaloosa is $192,400, which is significantly lower than the US House Median Value of $338,100. In the past year, US homes have appreciated by 8.27%, while housing in Tuscaloosa has seen an even more impressive appreciation rate of 10.84%. This higher rate indicates a strong market and makes investing in or buying a home in Tuscaloosa a potentially lucrative decision for those looking to enter the housing market.
The median home cost in Tuscaloosa is $192,400. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Tuscaloosa is up 13.6%.
Average Age of Homes
- The median age of Tuscaloosa real estate is 32 years old
The Rental Market in Tuscaloosa
- Renters make up 35.9% of the Tuscaloosa population
- 2.5% of houses and apartments in Tuscaloosa, 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.