Goodwater, AL is a great place to invest in real estate. The median value of housing in Goodwater is $112,800 which is much lower than the US median value of $338,100. This makes Goodwater a more affordable area to buy a home and potentially get a good return on investment. In the past year, the appreciation rate of housing in Goodwater was 13.55%, which is higher than the national average of 8.27%. This indicates that investing in real estate in Goodwater would be a wise decision for those looking to make a profit from their purchase.
The median home cost in Goodwater is $112,800. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Goodwater is up 19.7%.
Average Age of Homes
- The median age of Goodwater real estate is 44 years old
The Rental Market in Goodwater
- Renters make up 21.3% of the Goodwater population
- 1.2% of houses and apartments in Goodwater, 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.