In Piedmont, AL, the median housing value is $127,200 - significantly lower than the US median of $338,100. Over the past year, the appreciation rate for housing in Piedmont has been 12.26%, which is higher than the national average of 8.27%. This indicates that now is a great time to invest in property in Piedmont as values are expected to continue to rise. With so much potential for growth and a strong local economy, Piedmont could be an excellent place to buy a home or rental property.
The median home cost in Piedmont is $127,200. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Piedmont is up 17.7%.
Average Age of Homes
- The median age of Piedmont real estate is 56 years old
The Rental Market in Piedmont
- Renters make up 26.5% of the Piedmont population
- 3.2% of houses and apartments in Piedmont, 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.