The housing market in Northport, AL is quite strong, with a median value of $253,400. This is significantly lower than the US House Median Value of $338,100. However, Northport has seen faster appreciation over the last year at 10.84% compared to the US 1 year House Appreciation rate of 8.27%, indicating that it is a desirable place to live and invest in property. With a wide range of amenities and activities available for residents and visitors alike, Northport is an attractive destination for those looking for a reliable real estate market.
The median home cost in Northport is $253,400. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Northport is up 13.6%.
Average Age of Homes
- The median age of Northport real estate is 32 years old
The Rental Market in Northport
- Renters make up 30.0% of the Northport population
- 2.4% of houses and apartments in Northport, 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.