The housing market in Sanford, AL is considerably lower than the national average. The median housing value for Sanford is $83,400 while the US median housing value is $338,100. However, compared to the national 1 year house appreciation of 8.27%, Sanford has an even higher appreciation rate of 14.92%. This indicates that the housing market in Sanford is a great opportunity for both buyers and sellers looking to invest in real estate.
The median home cost in Sanford is $83,400. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Sanford is up 18.1%.
Average Age of Homes
- The median age of Sanford real estate is 25 years old
The Rental Market in Sanford
- Renters make up 25.5% of the Sanford population
- 0.0% of houses and apartments in Sanford, 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.