Housing in 35007 Alabaster, AL is surprisingly affordable compared to the median US housing value. The median housing value in 35007 Alabaster, AL stands at $258,200 which is significantly lower than the US median of $338,100. Moreover, over the past year the appreciation rate of homes in 35007 Alabaster, AL has been higher than the US average with a 1 year appreciation rate of 13.55% compared to 8.27% for the US as a whole. This means that homeowners in 35007 Alabaster, AL have seen positive returns on their investment and are most likely able to continue to do so into the future.
The median home cost in Alabaster (zip 35007) is $258,200. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Alabaster (zip 35007) is up 19.7%.
Average Age of Homes
- The median age of Alabaster (zip 35007) real estate is 26 years old
The Rental Market in Alabaster (zip 35007)
- Renters make up 18.3% of the Alabaster (zip 35007) population
- 1.0% of houses and apartments in Alabaster (zip 35007), 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.