Housing in Hayneville, AL is much more affordable than the US median house value, with the median value at $97,700 compared to the US median of $338,100. Despite this lower cost, Hayneville has seen a higher appreciation rate than the US average over the past year; 16.13% compared to 8.27%. This suggests that people are investing in the Hayneville housing market and that it is becoming an increasingly popular location for homeowners looking for affordability without sacrificing potential equity growth.
The median home cost in Hayneville is $97,700. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Hayneville is up 13.3%.
Average Age of Homes
- The median age of Hayneville real estate is 29 years old
The Rental Market in Hayneville
- Renters make up 49.1% of the Hayneville population
- 1.7% of houses and apartments in Hayneville, 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.