Housing in Thorsby, AL is very desirable and value has been increasing at a rapid rate. The median home value is currently at $192,000, which is significantly lower than the national average of $338,100. Over the past year, appreciation has been 8.27% nationally but 12.10% in Thorsby, AL demonstrating that this area has seen a particularly steep increase in prices making it a great investment for those looking to purchase property.
The median home cost in Thorsby is $192,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Thorsby is up 18.4%.
Average Age of Homes
- The median age of Thorsby real estate is 35 years old
The Rental Market in Thorsby
- Renters make up 17.0% of the Thorsby population
- 2.5% of houses and apartments in Thorsby, 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.