Spanish Fort, AL is a great place to live with its high median housing value of $376,600, which is significantly higher than the US median house value of $338,100. Furthermore, Spanish Fort has experienced an impressive 14.17% appreciation in housing values over the past year compared to a national average of 8.27%. This makes Spanish Fort an attractive option for potential buyers looking for a secure real estate investment. The city continues to be a desirable place to live due to its low crime rate and highly rated schools.
The median home cost in Spanish Fort is $376,600. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Spanish Fort is up 15.3%.
Average Age of Homes
- The median age of Spanish Fort real estate is 23 years old
The Rental Market in Spanish Fort
- Renters make up 40.6% of the Spanish Fort population
- 6.9% of houses and apartments in Spanish Fort, 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.