Oak Grove, AL is a great place to call home, with a median housing value of $108,400. This is significantly lower than the national median housing value of $338,100 and makes it an attractive option for those looking to purchase. Furthermore, Oak Grove has seen an impressive 12.10% appreciation rate in housing values over the last year compared to the national average of 8.27%. With this kind of appreciation, owning a home in Oak Grove can be a great investment.
The median home cost in Oak Grove is $108,400. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Oak Grove is up 18.4%.
Average Age of Homes
- The median age of Oak Grove real estate is 36 years old
The Rental Market in Oak Grove
- Renters make up 23.2% of the Oak Grove population
- 2.1% of houses and apartments in Oak Grove, 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.