Lowndesboro, AL is a great place to buy a house. The housing median value for Lowndesboro, AL is $166,500, which is much lower than the US House Median Value of $338,100. Not only that, the 1 year House Appreciation in Lowndesboro was 14.92% compared to 8.27% for the US as a whole. This means that investing in a home in Lowndesboro would yield greater returns than most other places in the country. With the relatively low median value and high appreciation rate, Lowndesboro is an ideal place for anyone looking to invest in real estate or purchase their own home.
The median home cost in Lowndesboro is $166,500. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Lowndesboro is up 18.1%.
Average Age of Homes
- The median age of Lowndesboro real estate is 78 years old
The Rental Market in Lowndesboro
- Renters make up 7.2% of the Lowndesboro population
- 0.0% of houses and apartments in Lowndesboro, 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.