The housing market in Russellville, AL is thriving. The median value of homes in the area is $136,400, which is significantly less than the national median of $338,100. Additionally, the one year appreciation rate for homes in Russellville is 15.32%, more than double the US 1 year appreciation rate of 8.27%. This data shows that there are ample opportunities for potential homeowners to take advantage of a growing market and find a home that fits their needs at an attractive price point.
The median home cost in Russellville is $136,400. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Russellville is up 19.8%.
Average Age of Homes
- The median age of Russellville real estate is 42 years old
The Rental Market in Russellville
- Renters make up 44.8% of the Russellville population
- 3.9% of houses and apartments in Russellville, 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.