The housing market in Tallassee, AL is showing strong appreciation. The median value of the homes in Tallassee is $156,800 which is significantly below the US House median value of $338,100. While the US House appreciation was 8.27% over the past year, the homes in Tallassee saw an even more impressive 16.13% appreciation over the same time period. This strong appreciation means that homeowners in Tallassee can expect a great return on their investment and will continue to benefit from the rising housing prices.
The median home cost in Tallassee is $156,800. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Tallassee is up 13.3%.
Average Age of Homes
- The median age of Tallassee real estate is 49 years old
The Rental Market in Tallassee
- Renters make up 42.6% of the Tallassee population
- 3.0% of houses and apartments in Tallassee, 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.