Zip 36518 (Chatom, AL) Housing

The housing market in 36518 Chatom, AL is seeing significant appreciation over the past year, with a 14.17% increase in median house value compared to the US-wide 8.27% appreciation rate. Median house value in this area is currently $158,900, which is much lower than the national median of $338,100. This makes 36518 Chatom an attractive area for potential buyers looking for a good deal and a strong potential for growth.

The median home cost in Chatom (zip 36518) is $158,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Chatom (zip 36518) is up 15.3%.

Average Age of Homes

- The median age of Chatom (zip 36518) real estate is 39 years old

The Rental Market in Chatom (zip 36518)

- Renters make up 14.3% of the Chatom (zip 36518) population
- 1.6% of houses and apartments in Chatom (zip 36518), 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	Chatom, Alabama	United States
	1,148.0	139,647,020.0
	33	42
	$158,900	$338,100
	15.3%	16.6%
	61.5%	57.0%
	97.4%	101.1%
	$2.76	$10.98
	$416	$2,690
	54.7%	57.4%
	31.6%	11.2%
	13.7%	31.4%
Vacant Housing
	1.6%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	12.5%	3.6%
	16.4%	4.1%
Value of Owner-Occupied Housing
	7.5%	2.6%
	11.6%	2.4%
	2.5%	2.8%
	7.8%	3.9%
	10.8%	4.5%
	9.4%	11.3%
	30.1%	13.0%
	9.1%	20.1%
	8.4%	13.6%
	2.7%	8.3%
	0.0%	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%
	21.3%	13.6%
	21.3%	13.6%
	23.6%	13.6%
	16.3%	13.2%
	9.9%	14.8%
	23.6%	13.6%
	8.7%	10.0%
	5.7%	4.7%
	2.5%	12.2%

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