Meadowbrook, AL is an area with great housing investments opportunities. The median value of a house in Meadowbrook is $394,000, far above the US median value of $338,100. In addition to this positive outlook, the 1 year appreciation rate in Meadowbrook has been 8.80%, higher than the US rate of 8.27%. This means that real estate investing in Meadowbrook can provide excellent returns for those looking to purchase property.
The median home cost in Meadowbrook is $394,000. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Meadowbrook is up 14.3%.
Average Age of Homes
- The median age of Meadowbrook real estate is 30 years old
The Rental Market in Meadowbrook
- Renters make up 21.2% of the Meadowbrook population
- 0.5% of houses and apartments in Meadowbrook, 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.