The housing market in the Auburn-Opelika, AL Metro Area has been thriving recently, with the median value of homes being $270,900. This is significantly less than the national median value of $338,100, making this area a great option for homebuyers looking for affordable properties. Moreover, the 1 year house appreciation in this region is 15.32%, which is much higher than the US 1 year house appreciation of 8.27%. This demonstrates that investing in real estate in Auburn-Opelika could be highly lucrative.
The median home cost in Auburn-Opelika Metro Area is $270,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Auburn-Opelika Metro Area is up 13.5%.
Average Age of Homes
- The median age of Auburn-Opelika Metro Area real estate is 24 years old
The Rental Market in Auburn-Opelika Metro Area
- Renters make up 34.9% of the Auburn-Opelika Metro Area population
- 2.7% of houses and apartments in Auburn-Opelika 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.