Geraldine, AL is a small town with a population of approximately 1,600 people. The housing median value in Geraldine is significantly lower than the US House Median Value, at $161,300 compared to $338,100 respectively. Despite this difference, the 1 year house appreciation rate is actually higher in Geraldine than it is across the country at 17.72% compared to 8.27%. This shows that Geraldine's housing market has been performing well even during these times of uncertainty.
The median home cost in Geraldine is $161,300. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Geraldine is up 17.9%.
Average Age of Homes
- The median age of Geraldine real estate is 39 years old
The Rental Market in Geraldine
- Renters make up 27.5% of the Geraldine population
- 1.9% of houses and apartments in Geraldine, 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.