The housing market in Anderson, AL is thriving and is steadily increasing in value. The median value for a house in Anderson, AL is currently $202,800 - considerably lower than the US House median value of $338,100. The US 1 year House Appreciation rate is 8.27% higher than the rate in Anderson, AL that has seen an increase of 15.32%. This growth suggests that now may be an ideal time to invest in property in this city as it could potentially offer greater returns over time.
The median home cost in Anderson is $202,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Anderson is up 19.8%.
Average Age of Homes
- The median age of Anderson real estate is 45 years old
The Rental Market in Anderson
- Renters make up 28.9% of the Anderson population
- 3.1% of houses and apartments in Anderson, 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.