Enterprise Metro Area, AL Housing

The housing market in Enterprise, AL Metro Area is quite strong. The median value of a house there is $182,900 which is significantly lower than the US House Median Value of $338,100. Despite this lower median value, the 1 year appreciation rate for housing in Enterprise, AL Metro Area is 14.94%, compared to only 8.27% for the US as a whole. This shows that there has been significant growth and investment in real estate in the area over the past year, making it an attractive option for potential buyers and investors.

The median home cost in Enterprise Metro Area is $182,900. Home appreciation the last 10 years has been 43.2%. Home Appreciation in Enterprise Metro Area is up 13.0%.

Average Age of Homes

- The median age of Enterprise Metro Area real estate is 33 years old

The Rental Market in Enterprise Metro Area

- Renters make up 25.8% of the Enterprise Metro Area population
- 2.6% of houses and apartments in Enterprise 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	Enterprise, Alabama	United States
	23,934.0	139,647,020.0
	37	42
	$182,900	$338,100
	13.0%	16.6%
	37.9%	57.0%
	43.2%	101.1%
	$3.74	$10.98
	$590	$2,690
	59.1%	57.4%
	14.4%	11.2%
	26.4%	31.4%
Vacant Housing
	2.6%	1.9%
	0.8%	0.4%
	1.0%	0.7%
	0.7%	0.4%
	1.9%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	4.0%	2.6%
	3.9%	2.4%
	6.5%	2.8%
	8.5%	3.9%
	7.2%	4.5%
	16.3%	11.3%
	17.3%	13.0%
	22.2%	20.1%
	9.8%	13.6%
	2.4%	8.3%
	1.4%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	17.2%	13.6%
	17.2%	13.6%
	14.6%	13.6%
	13.4%	13.2%
	19.0%	14.8%
	14.6%	13.6%
	7.8%	10.0%
	2.8%	4.7%
	3.7%	12.2%

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