Garden City, AL is an ideal place to live for those looking for a great housing market. The median value of homes in Garden City is $117,700, which is much lower than the US median house value of $338,100. Despite the lower cost of housing, Garden City has seen an impressive 13.55% increase in home values over the past year compared to the US average appreciation rate of 8.27%. This makes it a great opportunity for buyers to invest in real estate and see their money grow over time.
The median home cost in Garden City is $117,700. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Garden City is up 19.7%.
Average Age of Homes
- The median age of Garden City real estate is 49 years old
The Rental Market in Garden City
- Renters make up 21.6% of the Garden City population
- 0.0% of houses and apartments in Garden City, 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.