The housing in Perdido Beach, AL is quite impressive with a median value of $200,100. This is significantly lower than the US house median value of $338,100 which means that purchasing a home in Perdido Beach may be more affordable than other places. Additionally, the 1 year house appreciation rate for Perdido Beach is much higher at 14.17%, compared to the US average of 8.27%. This means that homes are increasing in value faster than the national average and could make homes in the area a great investment.
The median home cost in Perdido Beach is $200,100. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Perdido Beach is up 15.3%.
Average Age of Homes
- The median age of Perdido Beach real estate is 34 years old
The Rental Market in Perdido Beach
- Renters make up 12.5% of the Perdido Beach population
- 0.0% of houses and apartments in Perdido Beach, 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.