The housing market in Andalusia, AL is thriving. The median value of a house in the area is significantly lower than the national average at $131,700, making it an attractive place to buy. Furthermore, the 1 year appreciation rate for houses in Andalusia is higher than the national average at 14.92%, indicating that investment in this area would be a sound decision. With its comparatively low median home value and relatively high appreciation rate, Andalusia offers an exciting opportunity for those looking to purchase or invest in property.
The median home cost in Andalusia is $131,700. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Andalusia is up 18.1%.
Average Age of Homes
- The median age of Andalusia real estate is 46 years old
The Rental Market in Andalusia
- Renters make up 28.5% of the Andalusia population
- 1.1% of houses and apartments in Andalusia, 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.