The housing market in West Jefferson, AL is extremely strong. The median housing value is $140,300 which is much lower than the US House Median Value of $338,100. In the past year, the house appreciation rate in West Jefferson, AL has been 12.27%, compared to the US 1 year House Appreciation rate of 8.27%. Therefore, this makes it an attractive market for potential buyers and investors alike. Furthermore, with rising values in the area it could be a great investment for those looking to buy a property or invest in this city.
The median home cost in West Jefferson is $140,300. Home appreciation the last 10 years has been 73.7%. Home Appreciation in West Jefferson is up 18.6%.
Average Age of Homes
- The median age of West Jefferson real estate is 48 years old
The Rental Market in West Jefferson
- Renters make up 20.6% of the West Jefferson population
- 0.0% of houses and apartments in West Jefferson, 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.