Cullman, AL is a great place to invest in real estate. The median value of housing in Cullman is $223,300, which is considerably lower than the national median value of $338,100. Additionally, the one-year house appreciation rate for Cullman is 13.54%, which is higher than the national one-year house appreciation rate of 8.27%. This makes investing in real estate in Cullman an attractive option for potential buyers or investors looking to capitalize on potential returns on their investment.
The median home cost in Cullman is $223,300. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Cullman is up 19.7%.
Average Age of Homes
- The median age of Cullman real estate is 41 years old
The Rental Market in Cullman
- Renters make up 39.3% of the Cullman population
- 1.2% of houses and apartments in Cullman, 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.