The housing market in Andalusia, AL (zip code 36420) is faring quite well compared to the national average. The median value of houses here is $131,800, significantly lower than the US House Median Value of $338,100. However, over the past year the appreciation rate has been higher in Andalusia than nationally at 14.92%, which is 6.65% higher than the 8.27% national average appreciation rate for homes. This indicates a healthy and strong real estate market with good potential for homebuyers and investors alike.
The median home cost in Andalusia (zip 36420) is $131,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Andalusia (zip 36420) is up 18.1%.
Average Age of Homes
- The median age of Andalusia (zip 36420) real estate is 41 years old
The Rental Market in Andalusia (zip 36420)
- Renters make up 22.5% of the Andalusia (zip 36420) population
- 0.5% of houses and apartments in Andalusia (zip 36420), 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.