The housing market in Summerdale, AL is strong, with the median value of houses being $251,700. This is significantly lower than the US median house value of $338,100, which makes it a great option for anyone looking for affordable homes. Additionally, over the past year homes have appreciated by 14.17%, which is significantly higher than the national average of 8.27%. As such, Summerdale appears to be an ideal place to invest in real estate right now.
The median home cost in Summerdale is $251,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Summerdale is up 15.3%.
Average Age of Homes
- The median age of Summerdale real estate is 39 years old
The Rental Market in Summerdale
- Renters make up 19.8% of the Summerdale population
- 4.5% of houses and apartments in Summerdale, 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.