The housing market in Movico, AL is doing relatively well compared to the US average. The median value of houses in Movico is currently around $119,600 while the US median house value is around $338,100. Over the last year, the appreciation rate of homes in Movico has been 14.17%, which is significantly higher than the 8.27% appreciation rate for all of the United States. This could be a sign that home prices in Movico are increasing faster than other parts of the country and could make it an attractive place for those looking to buy a new home or invest in real estate.
The median home cost in Movico is $119,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Movico is up 15.3%.
Average Age of Homes
- The median age of Movico real estate is 35 years old
The Rental Market in Movico
- Renters make up 41.0% of the Movico population
- 0.0% of houses and apartments in Movico, 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.