Silverhill, AL is a great place to buy a home, as the median housing value is significantly lower than the US median value. This means that the cost of buying a home in Silverhill is much more accessible than in other parts of the country. Furthermore, while homes across the US have appreciated 8.27% in a year, homes in Silverhill have appreciated an even greater 14.17%. This suggests that prices for housing in Silverhill are on an upward trajectory which could make it a wise investment choice for potential buyers looking to purchase property there.
The median home cost in Silverhill is $277,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Silverhill is up 15.3%.
Average Age of Homes
- The median age of Silverhill real estate is 31 years old
The Rental Market in Silverhill
- Renters make up 24.2% of the Silverhill population
- 0.0% of houses and apartments in Silverhill, 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.