The housing market in Orange Beach, AL is strong. The median value of homes is $622,100, significantly higher than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate for Orange Beach is 14.17%, far higher than the US average of 8.27%. This indicates that Orange Beach has a healthy and vibrant housing market where values are rising quickly.
The median home cost in Orange Beach is $622,100. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Orange Beach is up 15.3%.
Average Age of Homes
- The median age of Orange Beach real estate is 18 years old
The Rental Market in Orange Beach
- Renters make up 7.4% of the Orange Beach population
- 49.6% of houses and apartments in Orange Beach, 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.