Fredonia, AL is a great place to live with a median housing value of $298,600. This is slightly lower than the US national median value of $338,100 but the one year appreciation rate for housing in Fredonia is much higher at 11.26% compared to the US average of 8.27%. This suggests that investing in housing in Fredonia could be more profitable in the short-term when compared to other parts of the country.
The median home cost in Fredonia is $298,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Fredonia is up 13.5%.
Average Age of Homes
- The median age of Fredonia real estate is 44 years old
The Rental Market in Fredonia
- Renters make up 21.8% of the Fredonia population
- 0.0% of houses and apartments in Fredonia, 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.