Dothan, AL is an attractive place to live, with a median housing value of $181,400 that is significantly lower than the US median housing value of $338,100. Over the last year, housing values in Dothan have appreciated at a rate of 10.93%, which is higher than the national average appreciation rate of 8.27%. As such, investing in real estate in Dothan would be a great way to gain value over time. The area's affordability makes it even more appealing for those looking to purchase a home in this part of Alabama.
The median home cost in Dothan is $181,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Dothan is up 12.8%.
Average Age of Homes
- The median age of Dothan real estate is 38 years old
The Rental Market in Dothan
- Renters make up 35.5% of the Dothan population
- 4.2% of houses and apartments in Dothan, 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.