The housing market in 36320 Cottonwood, AL is thriving with a median house value of $132,000. The median value of houses across the United States is $338,100, making Cottonwood's market much more affordable. In comparison to the US 1 year house appreciation rate of 8.27%, Cottonwood's appreciation rate of 10.93% shows that this area is experiencing its own booming housing market. Therefore, this area is an ideal location for those looking for affordable and quickly appreciating homes.
The median home cost in Cottonwood (zip 36320) is $132,000. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Cottonwood (zip 36320) is up 12.8%.
Average Age of Homes
- The median age of Cottonwood (zip 36320) real estate is 31 years old
The Rental Market in Cottonwood (zip 36320)
- Renters make up 15.7% of the Cottonwood (zip 36320) population
- 0.7% of houses and apartments in Cottonwood (zip 36320), 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.