The housing market in Auburn, AL (36832) has experienced a significant increase in median value over the past year. The median value of homes is currently at $270,500, which is significantly lower than the US median value of $338,100. However, the area has seen an impressive 11.26% appreciation rate over the last year, compared to the 8.27% rate across the United States as a whole. This shows that Auburn is an attractive option for those looking to invest in real estate or buy a home, and that it is likely to continue growing at a fast rate.
The median home cost in Auburn (zip 36832) is $270,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Auburn (zip 36832) is up 13.5%.
Average Age of Homes
- The median age of Auburn (zip 36832) real estate is 20 years old
The Rental Market in Auburn (zip 36832)
- Renters make up 51.3% of the Auburn (zip 36832) population
- 4.3% of houses and apartments in Auburn (zip 36832), 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.