Phenix City, AL is an attractive area with a median housing value of $167,800. This value is lower than the US median house value of $338,100 but has appreciated more in the past year at 11.26%, compared to 8.27% nationwide. This increasingly higher rate of appreciation makes it an ideal investment opportunity for potential buyers looking to purchase real estate in Phenix City, AL.
The median home cost in Phenix City is $167,800. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Phenix City is up 13.5%.
Average Age of Homes
- The median age of Phenix City real estate is 36 years old
The Rental Market in Phenix City
- Renters make up 43.0% of the Phenix City population
- 5.1% of houses and apartments in Phenix City, 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.