Housing in Forestdale, AL is an attractive investment opportunity for buyers. The median value of a house in the area is $166,900 which is much lower than the US median value of $338,100. In addition, houses in Forestdale have had a greater appreciation rate over the past year at 9.31% compared to 8.27% appreciation rate nationwide. Overall, Forestdale housing market has seen good growth and offers excellent opportunities for prospective buyers.
The median home cost in Forestdale is $166,900. Home appreciation the last 10 years has been 82.4%. Home Appreciation in Forestdale is up 14.9%.
Average Age of Homes
- The median age of Forestdale real estate is 47 years old
The Rental Market in Forestdale
- Renters make up 16.7% of the Forestdale population
- 3.1% of houses and apartments in Forestdale, 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.