The housing market in Underwood-Petersville, AL is thriving. The median value of a house in the area is $120,100, which is significantly lower than the US House Median Value of $338,100. Additionally, the 1 year house appreciation rate in Underwood-Petersville is 15.32%, higher than the US average of 8.27%. This indicates that the housing market in Underwood-Petersville is quickly growing and could be a great investment opportunity for interested buyers.
The median home cost in Underwood-Petersville is $120,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Underwood-Petersville is up 19.8%.
Average Age of Homes
- The median age of Underwood-Petersville real estate is 40 years old
The Rental Market in Underwood-Petersville
- Renters make up 34.9% of the Underwood-Petersville population
- 0.0% of houses and apartments in Underwood-Petersville, 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.