Powell, AL has a median housing value of $140,700 which is considerably lower than the US median housing value of $338,100. Despite this difference, Powell’s 1 year house appreciation rate is 17.69%, much higher than the US average of 8.27%. This suggests that housing prices in Powell are rapidly increasing and may soon be able to close the gap with national median house values. Investing in homes in Powell now could result in a significantly higher return on investment over time.
The median home cost in Powell is $140,700. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Powell is up 18.0%.
Average Age of Homes
- The median age of Powell real estate is 39 years old
The Rental Market in Powell
- Renters make up 25.2% of the Powell population
- 0.0% of houses and apartments in Powell, 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.