Sylvan Springs, AL is a great place to invest in home buying due to its increasing housing median value. The median value of a house in Sylvan Springs is currently $209,100 which is significantly lower than the US House Median Value of $338,100. This makes it an attractive option for those looking to purchase a house in the area. Furthermore, the 1 year appreciation rate of houses in Sylvan Springs has been 12.10%, which is higher than the US 1 year House Appreciation rate of 8.27%. This demonstrates that investing in property in Sylvan Springs, AL is a great investment opportunity and can offer potential buyers great returns on their investments.
The median home cost in Sylvan Springs is $209,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Sylvan Springs is up 18.4%.
Average Age of Homes
- The median age of Sylvan Springs real estate is 36 years old
The Rental Market in Sylvan Springs
- Renters make up 9.6% of the Sylvan Springs population
- 0.0% of houses and apartments in Sylvan Springs, 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.