Albertville Metro Area, AL Housing

The housing market in the Albertville, AL Metro Area is thriving. The median value of a house here is $186,800, which is significantly lower than the US median value of $338,100. In addition, the one-year appreciation rate for houses in this area is 14.03%, far higher than the US average of 8.27%. This shows that housing prices are rising exponentially and investment opportunities abound in this market. With such a high appreciation rate and relatively low cost of entry, Albertville provides an ideal opportunity for buyers looking to make a home purchase or invest in real estate.

The median home cost in Albertville Metro Area is $186,800. Home appreciation the last 10 years has been 68.6%. Home Appreciation in Albertville Metro Area is up 18.5%.

Average Age of Homes

- The median age of Albertville Metro Area real estate is 37 years old

The Rental Market in Albertville Metro Area

- Renters make up 24.2% of the Albertville Metro Area population
- 1.0% of houses and apartments in Albertville Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Albertville, Alabama	United States
	41,129.0	139,647,020.0
	37	42
	$186,800	$338,100
	18.5%	16.6%
	61.4%	57.0%
	68.6%	101.1%
	$3.96	$10.98
	$584	$2,690
	64.5%	57.4%
	13.8%	11.2%
	21.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.3%	0.4%
	0.5%	0.7%
	0.5%	0.4%
	2.9%	3.6%
	8.6%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	3.4%	2.4%
	5.3%	2.8%
	9.4%	3.9%
	9.1%	4.5%
	20.0%	11.3%
	15.6%	13.0%
	19.0%	20.1%
	6.2%	13.6%
	2.4%	8.3%
	4.3%	9.7%
	1.3%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	14.0%	13.6%
	14.0%	13.6%
	20.3%	13.6%
	15.0%	13.2%
	16.9%	14.8%
	20.3%	13.6%
	7.5%	10.0%
	3.0%	4.7%
	3.9%	12.2%

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