Mountain Brook, AL is an affluent area with a median housing value of $815,600, which is well above the US median housing value of $338,100. Not only that but the 1 year house appreciation in Mountain Brook is 8.80%, which is higher than the US's 1 year house appreciation at 8.27%. The high appreciation rate in Mountain Brook is indicative of the high demand for housing in the area and suggests that it will remain a desirable place to purchase a home for years to come.
The median home cost in Mountain Brook is $815,600. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Mountain Brook is up 14.3%.
Average Age of Homes
- The median age of Mountain Brook real estate is 53 years old
The Rental Market in Mountain Brook
- Renters make up 13.3% of the Mountain Brook population
- 2.3% of houses and apartments in Mountain Brook, 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.