The housing market in Creola, AL is booming compared to the national average. The median value of a home in Creola is $185,600, significantly lower than the US House median value of $338,100. This lower cost of living is reflected in the one year appreciation rate for housing, which is 14.17%, compared to 8.27% nationwide. As a result of these factors, many people are choosing to move to Creola in search of more affordable housing options.
The median home cost in Creola is $185,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Creola is up 15.3%.
Average Age of Homes
- The median age of Creola real estate is 31 years old
The Rental Market in Creola
- Renters make up 16.9% of the Creola population
- 1.9% of houses and apartments in Creola, 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.