Five Points, AL is a great place to live for those looking to purchase or invest in a home. The median value of housing in Five Points is $178,900, which is significantly lower than the US median value of $338,100. In addition, the housing appreciation in Five Points over the past year was 11.26%, which is higher than the US appreciation rate of 8.27%. These factors make Five Points a great place for prospective buyers and investors to take advantage of the relatively low prices and high rate of appreciation when investing in local real estate.
The median home cost in Five Points is $178,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Five Points is up 13.5%.
Average Age of Homes
- The median age of Five Points real estate is 35 years old
The Rental Market in Five Points
- Renters make up 19.8% of the Five Points population
- 0.0% of houses and apartments in Five Points, 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.