The housing market in 35453 Cottondale, AL is quite strong with a median value of $180,300. Compared to the US house median value of $338,100, this is a considerably lower figure. However, the 1 year appreciation rate for houses in 35453 Cottondale is 10.84%, exceeding that of the US which stands at 8.27%. This indicates a healthy and growing housing market in this area and suggests that it may be a good opportunity for potential buyers and investors.
The median home cost in Cottondale (zip 35453) is $180,300. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Cottondale (zip 35453) is up 13.6%.
Average Age of Homes
- The median age of Cottondale (zip 35453) real estate is 31 years old
The Rental Market in Cottondale (zip 35453)
- Renters make up 16.0% of the Cottondale (zip 35453) population
- 2.2% of houses and apartments in Cottondale (zip 35453), 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.