The housing market in Avon, AL is thriving. The median value of homes in the area is $159,100, which is significantly lower than the US median value of $338,100. Furthermore, houses appreciate in value at a rate of 10.93%, which is higher than the national average of 8.27%. This shows that investing in real estate in Avon, AL can be a wise financial decision for prospective buyers and investors. With its attractive prices and higher-than-average appreciation rates, Avon is an excellent place to consider when looking for housing options.
The median home cost in Avon is $159,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Avon is up 12.8%.
Average Age of Homes
- The median age of Avon real estate is 27 years old
The Rental Market in Avon
- Renters make up 21.5% of the Avon population
- 3.0% of houses and apartments in Avon, 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.