The housing market in Slocomb, AL is on the rise, with a median house value of $107,100. This is significantly lower than the US house median value of $338,100 yet it has experienced a higher rate of appreciation over the past year at 10.93% compared to 8.27% nationally. Buyers in this area are taking advantage of these favorable conditions and looking to invest in the city's residential real estate.
The median home cost in Slocomb is $107,100. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Slocomb is up 12.8%.
Average Age of Homes
- The median age of Slocomb real estate is 45 years old
The Rental Market in Slocomb
- Renters make up 23.5% of the Slocomb population
- 1.5% of houses and apartments in Slocomb, 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.