The housing market in Webb, AL has been steadily increasing in value over the past year. The median value of houses in the city is approximately $142,400, which is significantly lower than the national average of $338,100. Despite this, the housing prices have seen a 10.93% increase in appreciation year-over-year, exceeding the national rate of 8.27%. While Webb may not have the same value as many other cities across the US, it still offers great potential for those looking to invest in property or simply purchase a home.
The median home cost in Webb is $142,400. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Webb is up 12.8%.
Average Age of Homes
- The median age of Webb real estate is 32 years old
The Rental Market in Webb
- Renters make up 21.6% of the Webb population
- 1.5% of houses and apartments in Webb, 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.