The housing market in Lester, AL is doing quite well compared to the rest of the country. The median value for a house in Lester, AL is $196,300, which is significantly lower than the US House median value of $338,100. However, the one-year house appreciation rate in Lester, AL is 15.32%, which is higher than the US 1 year house appreciation of 8.27%. This indicates that homes in Lester are increasing in value at a much faster rate than homes across the United States as a whole. This could be an indication of a strong housing market and increased demand for real estate in this area.
The median home cost in Lester is $196,300. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lester is up 19.8%.
Average Age of Homes
- The median age of Lester real estate is 42 years old
The Rental Market in Lester
- Renters make up 3.6% of the Lester population
- 0.0% of houses and apartments in Lester, 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.