The housing market in New Brockton, AL is extremely strong with a median house value of $177,800 which is significantly lower than the US median house value of $338,100. This makes it an attractive option for homebuyers looking for an affordable place to live. The 1 year appreciation rate of 10.93% in New Brockton is higher than the US average appreciation rate of 8.27%, suggesting that there is potential for strong capital gains if you invest in property here. It's no wonder why so many people are flocking to this area in search of a great deal on their dream home!
The median home cost in New Brockton is $177,800. Home appreciation the last 10 years has been 42.4%. Home Appreciation in New Brockton is up 12.8%.
Average Age of Homes
- The median age of New Brockton real estate is 40 years old
The Rental Market in New Brockton
- Renters make up 38.3% of the New Brockton population
- 7.0% of houses and apartments in New Brockton, 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.