Housing in Skyline, AL is a great investment. The median value of homes is $117,400, which is substantially lower than the national median value of $338,100. Moreover, the 1 year appreciation rate for homes in Skyline was 14.36%, higher than the national average of 8.27%. For those looking to invest in property in the area, now would be an excellent time as prices are still relatively low and appreciation rates are on the rise.
The median home cost in Skyline is $117,400. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Skyline is up 23.2%.
Average Age of Homes
- The median age of Skyline real estate is 40 years old
The Rental Market in Skyline
- Renters make up 18.5% of the Skyline population
- 2.4% of houses and apartments in Skyline, 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.