The housing market in Smoke Rise, AL is flourishing. The median value of a house in the area is $209,200, which is significantly lower than the US median value of $338,100. Even more impressive is the one-year appreciation rate for houses in Smoke Rise, which stands at 12.10%, much higher than the national rate of 8.27%. This indicates that there is strong demand for homes in Smoke Rise and the area offers excellent housing value.
The median home cost in Smoke Rise is $209,200. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Smoke Rise is up 18.4%.
Average Age of Homes
- The median age of Smoke Rise real estate is 39 years old
The Rental Market in Smoke Rise
- Renters make up 0.5% of the Smoke Rise population
- 0.0% of houses and apartments in Smoke Rise, 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.