Housing in Auburn, AL is a very attractive option for those looking to buy or invest in real estate. The median value of homes in Auburn is $335,000 which is significantly lower than the US median housing value of $338,100. On top of this, the 1 year appreciation rate for houses in Auburn sits at 11.27%, which is significantly higher than the national average of 8.27%. This makes Auburn an appealing option for anyone looking to buy or invest in real estate as it offers both great value and potential for growth.
The median home cost in Auburn is $335,000. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Auburn is up 13.5%.
Average Age of Homes
- The median age of Auburn real estate is 22 years old
The Rental Market in Auburn
- Renters make up 49.2% of the Auburn population
- 3.7% of houses and apartments in Auburn, 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.