The housing market in Nances Creek, AL is a healthy one. The median value of the homes here is $195,900, which is much lower than the US median value of $338,100. This provides great affordability for potential homeowners in the area. In addition to being more affordable than other parts of the country, Nances Creek has seen a 1 year house appreciation rate of 12.26%, which is higher than the US rate of 8.27%. This strong appreciation suggests that buying a home in Nances Creek would be a wise investment.
The median home cost in Nances Creek is $195,900. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Nances Creek is up 17.7%.
Average Age of Homes
- The median age of Nances Creek real estate is 48 years old
The Rental Market in Nances Creek
- Renters make up 11.3% of the Nances Creek population
- 0.0% of houses and apartments in Nances Creek, 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.