Demopolis, AL is an attractive place to live and invest in real estate due to its high median home value of $151,200 and impressive one-year house appreciation rate of 14.92%, which is significantly higher than the US median value of $338,100 and 8.27% appreciation rate over the same period. The strong real estate market makes Demopolis a great choice for those looking for a stable investment option with good potential for growth.
The median home cost in Demopolis is $151,200. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Demopolis is up 18.1%.
Average Age of Homes
- The median age of Demopolis real estate is 40 years old
The Rental Market in Demopolis
- Renters make up 36.1% of the Demopolis population
- 2.9% of houses and apartments in Demopolis, 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.