Loachapoka, AL is a great place to consider if you are looking to buy a house. The median value of a house in the area is $199,400, significantly lower than the US median housing value of $338,100. Over the past year, the appreciation rate of houses in Loachapoka has been 11.26%, higher than the national average of 8.27%. This is great news for potential buyers looking for an affordable option that still yields a good return on investment over time.
The median home cost in Loachapoka is $199,400. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Loachapoka is up 13.5%.
Average Age of Homes
- The median age of Loachapoka real estate is 40 years old
The Rental Market in Loachapoka
- Renters make up 31.9% of the Loachapoka population
- 0.0% of houses and apartments in Loachapoka, 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.