The housing market in Fort Payne, AL is thriving. The median value of a house is $170,100 which is significantly lower than the US median of $338,100. In the past year, house appreciation has been even more impressive in Fort Payne with an increase of 17.72% compared to the US 1 year House Appreciation rate of 8.27%. This makes it an attractive and affordable market for anyone looking to buy or invest in a home.
The median home cost in Fort Payne is $170,100. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Fort Payne is up 17.9%.
Average Age of Homes
- The median age of Fort Payne real estate is 39 years old
The Rental Market in Fort Payne
- Renters make up 28.3% of the Fort Payne population
- 1.6% of houses and apartments in Fort Payne, 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.