The housing market in Sweet Water, AL is thriving. The median value of houses in the area is $132,100, which is significantly lower than the national median of $338,100. The US saw an 8.27% appreciation of house values over the last year while Sweet Water saw a 14.92% growth rate in this same period. This indicates that the value of housing in Sweet Water is on the rise and could be a great investment for homebuyers looking for an affordable option in Alabama.
The median home cost in Sweet Water is $132,100. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Sweet Water is up 18.1%.
Average Age of Homes
- The median age of Sweet Water real estate is 29 years old
The Rental Market in Sweet Water
- Renters make up 2.5% of the Sweet Water population
- 0.0% of houses and apartments in Sweet Water, 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.