Midfield, AL is an attractive place to invest in real estate due to its affordable housing median value of $86,200. This is significantly lower than the US House Median Value of $338,100, making it a more accessible option for those looking to get into the housing market. Additionally, the US 1 year House Appreciation rate of 8.27% has been slightly surpassed by Midfield's own appreciation rate of 8.80%, showing that this city is an area with great potential when it comes to investing in property.
The median home cost in Midfield is $86,200. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Midfield is up 14.3%.
Average Age of Homes
- The median age of Midfield real estate is 60 years old
The Rental Market in Midfield
- Renters make up 26.7% of the Midfield population
- 0.8% of houses and apartments in Midfield, 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.