The housing market in Carbon Hill, AL is thriving! The median value of the homes is $116,100 which is significantly lower than the US House Median Value of $338,100. Despite the lower median value of the homes, they have appreciated at an impressive rate over the past year; 14.92% compared to 8.27% for the US overall. This growth suggests a healthy and strong housing market in Carbon Hill, AL that investors should consider taking advantage of.
The median home cost in Carbon Hill is $116,100. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Carbon Hill is up 18.1%.
Average Age of Homes
- The median age of Carbon Hill real estate is 45 years old
The Rental Market in Carbon Hill
- Renters make up 35.1% of the Carbon Hill population
- 8.9% of houses and apartments in Carbon Hill, 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.