Centre, AL is a great place to buy a house. The median value for a house in Centre, AL is $187,000, which is significantly lower than the US House Median Value of $338,100. In the past year alone, the US House Appreciation rate was 8.27%, however in Centre, AL it was 17.72%. This clearly demonstrates that houses in Centre are increasing in value at a much higher rate than the national average, making it an attractive option for potential buyers.
The median home cost in Centre is $187,000. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Centre is up 17.9%.
Average Age of Homes
- The median age of Centre real estate is 42 years old
The Rental Market in Centre
- Renters make up 30.4% of the Centre population
- 1.0% of houses and apartments in Centre, 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.