The housing market in the Talladega-Sylacauga, AL Metro Area has been booming in the past year. The median value for a house in this area is $165,400, which is significantly lower than the US median house value of $338,100. In the past year, there has been an impressive appreciation rate of 12.32%, which is higher than the national average of 8.27%. This suggests that the housing prices are rising quickly in this metro area and could be a great long-term investment opportunity for buyers looking to purchase a home in this area.
The median home cost in Talladega-Sylacauga Metro Area is $165,400. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Talladega-Sylacauga Metro Area is up 18.7%.
Average Age of Homes
- The median age of Talladega-Sylacauga Metro Area real estate is 37 years old
The Rental Market in Talladega-Sylacauga Metro Area
- Renters make up 22.4% of the Talladega-Sylacauga Metro Area population
- 1.4% of houses and apartments in Talladega-Sylacauga 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.