The housing market in Gadsden, AL is an attractive option for potential home buyers due to its median value of $84,100 being significantly lower than the US median of $338,100. In addition, the 1 year house appreciation rate is an impressive 17.72%, compared to the national average of 8.27%. This makes Gadsden a great option for those looking to purchase a home and receive a large return on their investment.
The median home cost in Gadsden is $84,100. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Gadsden is up 17.9%.
Average Age of Homes
- The median age of Gadsden real estate is 60 years old
The Rental Market in Gadsden
- Renters make up 32.7% of the Gadsden population
- 2.4% of houses and apartments in Gadsden, 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.