Sheffield, AL has an impressive housing market with a median value of $101,200. This is significantly lower than the US House Median Value of $338,100. However, Sheffield saw an impressive 15.32% appreciation rate over the past year compared to the US rate of 8.27%. This indicates that there is a strong demand for housing in Sheffield and it is becoming increasingly attractive to homebuyers and investors alike.
The median home cost in Sheffield is $101,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Sheffield is up 19.8%.
Average Age of Homes
- The median age of Sheffield real estate is 58 years old
The Rental Market in Sheffield
- Renters make up 36.4% of the Sheffield population
- 3.9% of houses and apartments in Sheffield, 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.