The housing market in the Ozark, AL Metro Area is currently thriving; with a median value of $140,700, it is significantly lower than the overall US house median value of $338,100. The appreciation rate of housing in the area has also been much higher than the national average over the past year; at 14.92%, it is 6.65% greater than the US 1 year house appreciation rate of 8.27%. This strong performance suggests that buying a property in this area could be an attractive option for potential homeowners and investors alike.
The median home cost in Ozark Metro Area is $140,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Ozark Metro Area is up 12.8%.
Average Age of Homes
- The median age of Ozark Metro Area real estate is 33 years old
The Rental Market in Ozark Metro Area
- Renters make up 33.0% of the Ozark Metro Area population
- 4.1% of houses and apartments in Ozark 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.