The housing market in Daphne, AL is especially favorable due to the current median value of $314,900. This figure is significantly lower than the US Housing Median Value of $338,100. Furthermore, the 1 year House Appreciation for both Daphne and the US is impressive with Daphne having a higher appreciation rate at 14.17%, compared to 8.27% for the United States as a whole. This makes Daphne an ideal place for homeowners looking to invest in property or those considering relocating.
The median home cost in Daphne is $314,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Daphne is up 15.3%.
Average Age of Homes
- The median age of Daphne real estate is 26 years old
The Rental Market in Daphne
- Renters make up 31.8% of the Daphne population
- 3.5% of houses and apartments in Daphne, 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.