Sumiton, AL is an attractive place for potential home buyers. The median value of housing in Sumiton is $168,000, far lower than the national median value of $338,100. Additionally, in the past year house appreciation in Sumiton has been 12.30%, nearly 4 percentage points higher than the US average of 8.27%. Sumiton offers buyers a more affordable option that still has potential for good returns on investment.
The median home cost in Sumiton is $168,000. Home appreciation the last 10 years has been 73.8%. Home Appreciation in Sumiton is up 18.6%.
Average Age of Homes
- The median age of Sumiton real estate is 37 years old
The Rental Market in Sumiton
- Renters make up 19.9% of the Sumiton population
- 3.4% of houses and apartments in Sumiton, 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.