The housing market in 35552 Detroit, AL is quite strong compared to the US median value. The median value in this area is $120,000, which is significantly lower than the US median of $338,100. However, the one-year house appreciation in Detroit is 14.92%, which far exceeds the US average of 8.27%. This shows that the housing market in 35552 Detroit has been performing very well and is expected to continue to appreciate moving forward.
The median home cost in Detroit (zip 35552) is $120,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Detroit (zip 35552) is up 18.1%.
Average Age of Homes
- The median age of Detroit (zip 35552) real estate is 37 years old
The Rental Market in Detroit (zip 35552)
- Renters make up 16.8% of the Detroit (zip 35552) population
- 7.9% of houses and apartments in Detroit (zip 35552), 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.