Red Level, AL is a great place to consider investing in housing. The median value of housing in Red Level, AL is currently $116,900, which is significantly lower than the national median value of $338,100. This means that there are more affordable options for those looking to purchase a home. Additionally, the 1 year house appreciation rate in Red Level, AL is 14.92%, which is higher than the national average of 8.27%. This indicates that the housing prices in this area are on the rise and it could be a good time to invest in real estate here.
The median home cost in Red Level is $116,900. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Red Level is up 18.1%.
Average Age of Homes
- The median age of Red Level real estate is 43 years old
The Rental Market in Red Level
- Renters make up 19.7% of the Red Level population
- 0.0% of houses and apartments in Red Level, 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.