The housing market in the Gadsden, AL Metro Area is thriving. The median value of homes in the area is $148,900, which is much lower than the U.S. median value of $338,100. The U.S. house appreciation rate over the past year was 8.27%, while the appreciation rate in Gadsden's Metro Area was 14.92%. This indicates that people are investing heavily in this area and driving up property values at an accelerated rate compared to other parts of the country. It appears to be a great time to buy or sell real estate here!
The median home cost in Gadsden Metro Area is $148,900. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Gadsden Metro Area is up 17.9%.
Average Age of Homes
- The median age of Gadsden Metro Area real estate is 44 years old
The Rental Market in Gadsden Metro Area
- Renters make up 24.6% of the Gadsden Metro Area population
- 1.7% of houses and apartments in Gadsden 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.