The housing market in Phil Campbell, AL is experiencing considerable appreciation compared to the national rate. The median value of a home in Phil Campbell is $146,000, which is significantly lower than the US median value of $338,100. In the past year alone, houses in Phil Campbell have appreciated 14.92%, which is significantly higher than the US one-year house appreciation rate of 8.27%. This trend suggests that Phil Campbell may be a good place for buyers and investors to consider investing in real estate.
The median home cost in Phil Campbell is $146,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Phil Campbell is up 18.1%.
Average Age of Homes
- The median age of Phil Campbell real estate is 38 years old
The Rental Market in Phil Campbell
- Renters make up 27.8% of the Phil Campbell population
- 2.1% of houses and apartments in Phil Campbell, 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.