Alabaster, AL is a desirable place to live due to its high housing median value of $261,500 compared to the US house median value of $338,100. In addition, the one year house appreciation rate in Alabaster is 13.27%, significantly higher than the US 1 year house appreciation rate of 8.27%. This makes Alabaster a great option for those looking for real estate investment opportunities. With its high housing prices and strong market growth potential, living in Alabaster is an excellent choice.
The median home cost in Alabaster is $261,500. Home appreciation the last 10 years has been 76.4%. Home Appreciation in Alabaster is up 19.4%.
Average Age of Homes
- The median age of Alabaster real estate is 24 years old
The Rental Market in Alabaster
- Renters make up 15.6% of the Alabaster population
- 1.3% of houses and apartments in Alabaster, 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.