The housing market in Scottsboro, AL Metro Area is booming. The median house value is 163,700, which is considerably lower than the U.S. median of 338,100. However, the 1 year appreciation rate for this area has been an impressive 17.07%, compared to 8.27% nationally -- making it a great place to invest in real estate. With its attractive housing prices and strong appreciation rates, Scottsboro is an excellent choice for those looking to enter the housing market or build their real estate portfolio.
The median home cost in Scottsboro Metro Area is $163,700. Home appreciation the last 10 years has been 82.6%. Home Appreciation in Scottsboro Metro Area is up 22.4%.
Average Age of Homes
- The median age of Scottsboro Metro Area real estate is 39 years old
The Rental Market in Scottsboro Metro Area
- Renters make up 21.0% of the Scottsboro Metro Area population
- 0.6% of houses and apartments in Scottsboro 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.