Lauderdale, AL County is a great place to live with the housing median value at $190,200. This is significantly lower than the US House Median Value of $338,100. Despite the lower value, Lauderdale, AL County has seen an impressive 1 year house appreciation rate of 15.32%, much higher than the national average of 8.27%. This indicates that Lauderdale, AL County is a good investment for potential home buyers.
The median home cost in Lauderdale County is $190,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lauderdale County is up 19.8%.
Average Age of Homes
- The median age of Lauderdale County real estate is 40 years old
The Rental Market in Lauderdale County
- Renters make up 26.6% of the Lauderdale County population
- 1.2% of houses and apartments in Lauderdale County, 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.