Lineville, AL is a city with a strong housing market. The median value of housing in the city is $156,400, which is significantly lower than the US median value of $338,100. Despite this disparity in prices, Lineville's housing has appreciated at a rate of 12.26% over the last year – more than double the US appreciation rate of 8.27%. This strength in Lineville’s housing market indicates that it is a desirable place to live and an attractive option for potential buyers looking to invest their hard-earned dollars into a house.
The median home cost in Lineville is $156,400. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Lineville is up 17.7%.
Average Age of Homes
- The median age of Lineville real estate is 46 years old
The Rental Market in Lineville
- Renters make up 34.8% of the Lineville population
- 3.3% of houses and apartments in Lineville, 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.