Florence-Muscle Shoals Metro Area, AL Housing

The housing market in Florence-Muscle Shoals, AL Metro Area is a great opportunity for homebuyers. The median value of homes in the area is $178,400, which is quite affordable compared to the US median value of $338,100. Over the past year, the US house appreciation has been 8.27%, but in Florence-Muscle Shoals the appreciation rate has been 15.17%. This makes buying a home in this region an even more attractive option for potential homeowners.

The median home cost in Florence-Muscle Shoals Metro Area is $178,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Florence-Muscle Shoals Metro Area is up 19.8%.

Average Age of Homes

- The median age of Florence-Muscle Shoals Metro Area real estate is 41 years old

The Rental Market in Florence-Muscle Shoals Metro Area

- Renters make up 26.0% of the Florence-Muscle Shoals Metro Area population
- 1.4% of houses and apartments in Florence-Muscle Shoals Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Florence-Muscle Shoals, Alabama	United States
	72,024.0	139,647,020.0
	43	42
	$178,400	$338,100
	19.8%	16.6%
	62.1%	57.0%
	74.6%	101.1%
	$4.11	$10.98
	$592	$2,690
	57.9%	57.4%
	15.9%	11.2%
	26.2%	31.4%
Vacant Housing
	1.4%	1.9%
	0.5%	0.4%
	0.7%	0.7%
	0.3%	0.4%
	2.7%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	3.6%	2.4%
	5.5%	2.8%
	7.8%	3.9%
	11.4%	4.5%
	20.6%	11.3%
	17.7%	13.0%
	16.0%	20.1%
	7.6%	13.6%
	2.9%	8.3%
	1.9%	9.7%
	1.0%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	12.1%	13.6%
	12.1%	13.6%
	15.2%	13.6%
	11.1%	13.2%
	17.1%	14.8%
	15.2%	13.6%
	9.9%	10.0%
	4.5%	4.7%
	6.0%	12.2%

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