Rainsville, AL is a great place to live for people looking for affordable housing. The median house value is much lower than the US median of $338,100, coming in at $200,300. This provides an opportunity for many to join the housing market. Even more beneficial is that the appreciation rate of houses in Rainsville over the last year was 17.72%. This beats the national average by a large amount and provides an even greater potential to increase your home's value over time. If you are looking for an affordable place to live with plenty of opportunities then Rainsville should be on your list.
The median home cost in Rainsville is $200,300. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Rainsville is up 17.9%.
Average Age of Homes
- The median age of Rainsville real estate is 31 years old
The Rental Market in Rainsville
- Renters make up 28.1% of the Rainsville population
- 3.1% of houses and apartments in Rainsville, 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.