The housing market in Athens, AL is flourishing, with the median value currently at $250,800 - significantly higher than the US House Median Value of $338,100. This is due to a 1 year house appreciation rate of 15.31%, which far exceeds the US average of 8.27%. With such an increase in value over the past year, investing in real estate in Athens appears to be a financially sound decision.
The median home cost in Athens is $250,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Athens is up 19.8%.
Average Age of Homes
- The median age of Athens real estate is 35 years old
The Rental Market in Athens
- Renters make up 33.2% of the Athens population
- 2.0% of houses and apartments in Athens, 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.