The housing market in Bellamy, AL is thriving with the median value of homes currently at $63,600. This is significantly lower than the US median value of $338,100, however the one year appreciation rate of house values has been high in Bellamy with a 13.13% increase over the last year. Compared to the national average of 8.27%, it is clear that home prices are rising quickly and making this area an attractive investment opportunity for potential buyers.
The median home cost in Bellamy is $63,600. Home appreciation the last 10 years has been 59.3%. Home Appreciation in Bellamy is up 16.1%.
Average Age of Homes
- The median age of Bellamy real estate is 41 years old
The Rental Market in Bellamy
- Renters make up 1.4% of the Bellamy population
- 0.0% of houses and apartments in Bellamy, 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.