Wedowee, AL has a median housing value of $336,700, which is slightly lower than the national median of $338,100. However, the 1 year appreciation rate for housing in Wedowee is 12.26%, higher than the national rate of 8.27%. This indicates that property values in Wedowee have been increasing steadily over the past year compared to other locations throughout the United States. Consequently, Wedowee real estate has become an attractive investment option for those looking to buy or rent property in this area.
The median home cost in Wedowee is $336,700. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Wedowee is up 17.7%.
Average Age of Homes
- The median age of Wedowee real estate is 38 years old
The Rental Market in Wedowee
- Renters make up 36.5% of the Wedowee population
- 3.7% of houses and apartments in Wedowee, 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.