Housing in 35967 Fort Payne, AL is a great investment with a median value of $164,200. This is significantly lower than the US median value of $338,100, but it makes up for it in appreciation. In the past year alone, homes in this area experienced an appreciation of 17.72%, which is almost double the US 1-year house appreciation rate of 8.27%. With such promising growth rates, investing in housing in Fort Payne can be a great way to gain equity for those looking to buy or invest.
The median home cost in Fort Payne (zip 35967) is $164,200. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Fort Payne (zip 35967) is up 17.9%.
Average Age of Homes
- The median age of Fort Payne (zip 35967) real estate is 38 years old
The Rental Market in Fort Payne (zip 35967)
- Renters make up 25.5% of the Fort Payne (zip 35967) population
- 1.2% of houses and apartments in Fort Payne (zip 35967), 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.