The housing market in Foley, AL (zip code 36535) is doing remarkably well compared to the United States as a whole. The median value of homes in this area is $280,800, significantly lower than the US median of $338,100. Yet this area has seen an impressive 14.17% increase in home value over the past year, much higher than the 8.27% appreciation rate for the country overall. With such strong housing growth, this is an ideal time to invest in real estate in Foley.
The median home cost in Foley (zip 36535) is $280,800. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Foley (zip 36535) is up 15.3%.
Average Age of Homes
- The median age of Foley (zip 36535) real estate is 21 years old
The Rental Market in Foley (zip 36535)
- Renters make up 24.8% of the Foley (zip 36535) population
- 4.2% of houses and apartments in Foley (zip 36535), 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.