Zip 36316 (Chancellor, AL) Housing

The housing market in 36316 Chancellor, AL is booming! The median value of homes in the area is $180,800 which is significantly lower than the US median house value of $338,100. In the last year, house appreciation in 36316 Chancellor has been an astounding 10.93%, higher than even the nationwide average of 8.27%. This shows that investing in real estate in 36316 Chancellor is a great option for those looking to get their money's worth and grow their wealth.

The median home cost in Chancellor (zip 36316) is $180,800. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Chancellor (zip 36316) is up 12.8%.

Average Age of Homes

- The median age of Chancellor (zip 36316) real estate is 26 years old

The Rental Market in Chancellor (zip 36316)

- Renters make up 13.8% of the Chancellor (zip 36316) population
- 0.0% of houses and apartments in Chancellor (zip 36316), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chancellor, Alabama	United States
	963.0	139,647,020.0
	31	42
	$180,800	$338,100
	12.8%	16.6%
	37.3%	57.0%
	42.4%	101.1%
	$2.92	$10.98
	$434	$2,690
	71.3%	57.4%
	18.0%	11.2%
	10.7%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.6%	0.4%
	3.3%	3.6%
	13.3%	4.1%
Value of Owner-Occupied Housing
	8.9%	2.6%
	3.5%	2.4%
	9.3%	2.8%
	17.6%	3.9%
	2.9%	4.5%
	8.0%	11.3%
	13.8%	13.0%
	19.5%	20.1%
	12.1%	13.6%
	2.8%	8.3%
	1.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	22.1%	13.6%
	22.1%	13.6%
	18.7%	13.6%
	12.3%	13.2%
	8.9%	14.8%
	18.7%	13.6%
	10.1%	10.0%
	7.8%	4.7%
	5.1%	12.2%

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