The housing in 35051 Columbiana, AL is quite a bit more affordable than the US median value for housing. The median value of homes in this area is $263,700, which is over $74,000 less than the US median. Despite being cheaper than US averages, the homes in this area have seen an impressive appreciation of 13.55% over the past year, compared to only 8.27% across the nation as a whole. This shows that despite its affordability relative to other parts of the country, 35051 Columbiana, AL still offers potential for real estate investment.
The median home cost in Columbiana (zip 35051) is $263,700. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Columbiana (zip 35051) is up 19.7%.
Average Age of Homes
- The median age of Columbiana (zip 35051) real estate is 33 years old
The Rental Market in Columbiana (zip 35051)
- Renters make up 20.5% of the Columbiana (zip 35051) population
- 1.7% of houses and apartments in Columbiana (zip 35051), 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.