Broomtown, AL has a median house value of $141,500 which is much lower than the US median of $338,100. Despite this disparity in values, the housing appreciation rate for Broomtown was significantly higher at 17.72%, compared to 8.27% across the US as a whole. This suggests that there is a great potential for investment in Broomtown real estate and that it could be an attractive option for many prospective homeowners or investors.
The median home cost in Broomtown is $141,500. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Broomtown is up 17.9%.
Average Age of Homes
- The median age of Broomtown real estate is 35 years old
The Rental Market in Broomtown
- Renters make up 0.0% of the Broomtown population
- 0.0% of houses and apartments in Broomtown, 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.