Marengo, AL County is an excellent place to live for those looking for a moderately priced home. The median value of homes in the area is $118,700, significantly lower than the US median of $338,100. Home values in Marengo have appreciated significantly over the past year with a 14.92% increase compared to 8.27% nationwide. Marengo is a great place to consider when looking for an affordable and appreciating housing market.
The median home cost in Marengo County is $118,700. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Marengo County is up 18.1%.
Average Age of Homes
- The median age of Marengo County real estate is 38 years old
The Rental Market in Marengo County
- Renters make up 23.6% of the Marengo County population
- 1.2% of houses and apartments in Marengo 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.