Zip 36507 (Bay Minette, AL) Housing

The housing market in 36507 Bay Minette, AL is quite healthy. The median value of a home in this area is currently $205,500, which is significantly lower than the US median of $338,100. Despite this, Bay Minette’s homes have experienced an impressive 14.17% appreciation rate over the last year. This is higher than the US-wide 1 year appreciation rate of 8.27%, demonstrating that properties here are increasing in value faster than the national average.

The median home cost in Bay Minette (zip 36507) is $205,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Bay Minette (zip 36507) is up 15.3%.

Average Age of Homes

- The median age of Bay Minette (zip 36507) real estate is 35 years old

The Rental Market in Bay Minette (zip 36507)

- Renters make up 22.9% of the Bay Minette (zip 36507) population
- 1.1% of houses and apartments in Bay Minette (zip 36507), 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	Bay Minette, Alabama	United States
	7,976.0	139,647,020.0
	38	42
	$205,500	$338,100
	15.3%	16.6%
	61.5%	57.0%
	97.4%	101.1%
	$2.82	$10.98
	$404	$2,690
	67.6%	57.4%
	10.7%	11.2%
	21.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.4%	0.4%
	0.3%	3.6%
	7.9%	4.1%
Value of Owner-Occupied Housing
	8.1%	2.6%
	2.5%	2.4%
	7.1%	2.8%
	6.8%	3.9%
	9.4%	4.5%
	18.6%	11.3%
	16.7%	13.0%
	16.3%	20.1%
	8.4%	13.6%
	3.5%	8.3%
	2.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.8%	13.6%
	15.8%	13.6%
	15.4%	13.6%
	15.0%	13.2%
	25.0%	14.8%
	15.4%	13.6%
	3.9%	10.0%
	4.5%	4.7%
	3.7%	12.2%

Reviews for Bay Minette

See all (0)

Write a Review

Start Your Review of Bay Minette

Commute