The housing market in Dothan, AL Metro Area is thriving. According to recent data, the median value for housing in this area is $159,100, which is lower than the US median value of $338,100. However, the appreciation rate over the past year has been significantly higher in Dothan than it has been nationwide at 13.96%, compared to 8.27% nationwide. This indicates that Dothan's housing market is seeing strong growth and could be a great option for those looking to invest in property or buy a home.
The median home cost in Dothan Metro Area is $159,100. Home appreciation the last 10 years has been 42.9%. Home Appreciation in Dothan Metro Area is up 12.9%.
Average Age of Homes
- The median age of Dothan Metro Area real estate is 35 years old
The Rental Market in Dothan Metro Area
- Renters make up 27.3% of the Dothan Metro Area population
- 2.9% of houses and apartments in Dothan 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.