Oak Hill, AL is an attractive area for those looking to purchase a home. The median value of homes in the area is $150,200, significantly lower than the US median value of $338,100. The appreciation rate of homes in Oak Hill has been higher than the national average over the last year with a 14.92% increase compared to 8.27%. This makes Oak Hill an ideal place to buy property as it has properties that are more affordable and provide good potential for growth.
The median home cost in Oak Hill is $150,200. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Oak Hill is up 18.1%.
Average Age of Homes
- The median age of Oak Hill real estate is 48 years old
The Rental Market in Oak Hill
- Renters make up 17.2% of the Oak Hill population
- 0.0% of houses and apartments in Oak Hill, 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.