The housing market in Cardiff, AL is a dynamic and vibrant market. The median value of houses in the area is currently $89,500 making it much more affordable than the US house median value of $338,100. In addition, over the course of the last year the house appreciation rate has been 13.55%, higher than the US average of 8.27%. This makes Cardiff a great place to purchase a home now while benefiting from potential increases in property values. There are many options for buyers looking to invest in this area and take advantage of its low prices and increasing property values.
The median home cost in Cardiff is $89,500. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Cardiff is up 19.7%.
Average Age of Homes
- The median age of Cardiff real estate is 41 years old
The Rental Market in Cardiff
- Renters make up 0.0% of the Cardiff population
- 0.0% of houses and apartments in Cardiff, 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.