Alabama Housing

The housing market in Alabama State is booming. The median value of a house in the state is $214,000, which is significantly lower than the US median house value of $338,100. Additionally, the one-year appreciation rate of houses in Alabama is 10.23%, which is even higher than the US average of 8.27%. This reflects the strong housing market in the state and suggests that it's a great time for potential buyers to invest in property in Alabama.

The median home cost in Alabama is $214,000. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Alabama is up 17.3%.

Average Age of Homes

- The median age of Alabama real estate is 35 years old

The Rental Market in Alabama

- Renters make up 25.9% of the Alabama population
- 2.7% of houses and apartments in Alabama, 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	Alabama, Alabama	United States
	2,278,526.0	139,647,020.0
	37	42
	$214,000	$338,100
	17.3%	16.6%
	56.5%	57.0%
	72.1%	101.1%
	$4.31	$10.98
	$646	$2,690
	58.0%	57.4%
	16.5%	11.2%
	25.6%	31.4%
Vacant Housing
	2.7%	1.9%
	0.6%	0.4%
	0.9%	0.7%
	0.8%	0.4%
	3.2%	3.6%
	8.4%	4.1%
Value of Owner-Occupied Housing
	4.8%	2.6%
	4.6%	2.4%
	5.7%	2.8%
	7.3%	3.9%
	7.9%	4.5%
	17.0%	11.3%
	16.5%	13.0%
	18.5%	20.1%
	8.6%	13.6%
	3.8%	8.3%
	3.3%	9.7%
	1.2%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.5%	13.6%
	15.5%	13.6%
	17.7%	13.6%
	14.5%	13.2%
	15.8%	14.8%
	17.7%	13.6%
	8.0%	10.0%
	3.7%	4.7%
	4.9%	12.2%

Reviews for Alabama

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Blake · Berry, AL

I would rather live in hell

Over 4 years ago

As someone who has lived in Alabama for 19 years, the best thing i can say about the state is that it could be worse. First of all, if you're not a straight white More

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Londa · Bartlett, TN

Sweet Home Alabama

Over 9 years ago

My husband and I have lived in Memphis for the last 14 years. Believe me, anyplace is better to live than Memphis. These poor folks are stuck in a Civil Rights bubble More

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Joyce · Selden, NY

Thinking of moving to Foley

Over 10 years ago

Can anyone tell me about the services available to senior citizens in Foley. example: if I move there now, I am 67. If I stay and eventually stop driving are there More