The housing market in Scottsboro, AL is thriving. The median value for a house in Scottsboro is $175,600, which is significantly lower than the US median value of $338,100. Despite the lower median value, the past year has seen an impressive appreciation rate of 14.36%, much higher than the national average of 8.27%. This suggests that Scottsboro has seen strong growth in their housing market over the past year and is a great place to consider for someone looking to invest in real estate.
The median home cost in Scottsboro is $175,600. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Scottsboro is up 23.2%.
Average Age of Homes
- The median age of Scottsboro real estate is 42 years old
The Rental Market in Scottsboro
- Renters make up 24.1% of the Scottsboro population
- 1.1% of houses and apartments in Scottsboro, 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.