Bibb County, Alabama is a great place to invest in real estate. The median value of housing in the county is $174,600, which is substantially lower than the US median house value of $338,100. Over the last year, the US house appreciation rate was 8.27%, while Bibb County had an even higher rate of 13.29%. This means that investing in housing in Bibb County could be a smart choice for those looking to build wealth over time and reap greater benefits than elsewhere. With an already low median value and rising appreciation rates, now might be the perfect time to invest here.
The median home cost in Bibb County is $174,600. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Bibb County is up 19.1%.
Average Age of Homes
- The median age of Bibb County real estate is 32 years old
The Rental Market in Bibb County
- Renters make up 18.1% of the Bibb County population
- 0.5% of houses and apartments in Bibb County, 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.