Housing in Locust Fork, AL is much more affordable than the US median value of $338,100, with a median value of only $199,400. Despite the lower cost of housing in Locust Fork, AL compared to the national rate, this area has seen far more appreciation in its market than the US average over the past year, with an appreciation rate of 13.43% compared to 8.27%. This shows that Locust Fork is an attractive investment for anyone looking to buy or sell a home in the near future.
The median home cost in Locust Fork is $199,400. Home appreciation the last 10 years has been 76.9%. Home Appreciation in Locust Fork is up 19.6%.
Average Age of Homes
- The median age of Locust Fork real estate is 24 years old
The Rental Market in Locust Fork
- Renters make up 10.8% of the Locust Fork population
- 0.0% of houses and apartments in Locust Fork, 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.