Theodore, AL is an appealing area for people interested in buying a house due to the median value which sits at $183,200 - below the US median of $338,100. In 2019 alone, homes in Theodore have seen a 14.17% appreciation rate, higher than the nation's 8.27%. This makes it an attractive market for potential homeowners in search of affordability and potential profit from buying a home.
The median home cost in Theodore is $183,200. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Theodore is up 15.3%.
Average Age of Homes
- The median age of Theodore real estate is 32 years old
The Rental Market in Theodore
- Renters make up 19.6% of the Theodore population
- 1.1% of houses and apartments in Theodore, 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.