The housing market in Emelle, AL is very strong. The median house value in the city is $79,100, which is significantly lower than the US median of $338,100. Despite this lower price point, the city has seen a 10.84% increase in house values over the last year compared to the US average of 8.27%. This indicates a level of resilience and stability that makes Emelle an attractive option for potential homeowners.
The median home cost in Emelle is $79,100. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Emelle is up 13.6%.
Average Age of Homes
- The median age of Emelle real estate is 46 years old
The Rental Market in Emelle
- Renters make up 4.8% of the Emelle population
- 0.0% of houses and apartments in Emelle, 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.