The housing market in Choccolocco, AL is thriving. The median value of a house in the area is $251,000, which is significantly lower than the US median value for a home at $338,100. In the past year, house appreciation in Choccolocco has been higher than the US average, with an increase of 12.26% compared to 8.27%. This makes investing in housing in Choccolocco a great option for potential buyers or investors looking for solid returns on their investments.
The median home cost in Choccolocco is $251,000. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Choccolocco is up 17.7%.
Average Age of Homes
- The median age of Choccolocco real estate is 25 years old
The Rental Market in Choccolocco
- Renters make up 20.0% of the Choccolocco population
- 0.0% of houses and apartments in Choccolocco, 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.