The housing market in Concord, AL is thriving. The median value of a house in Concord is $183,500 which is much lower than the US median value of $338,100. The one year appreciation rate for homes in Concord is 13.55%, which is higher than the US average of 8.27%. This shows that houses in Concord are appreciating at a faster rate than other areas across the country and are an attractive investment for potential buyers.
The median home cost in Concord is $183,500. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Concord is up 19.7%.
Average Age of Homes
- The median age of Concord real estate is 50 years old
The Rental Market in Concord
- Renters make up 18.1% of the Concord population
- 0.0% of houses and apartments in Concord, 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.