The median value of housing in Double Springs, AL is $139,800. This is significantly lower than the national median value of $338,100, and it shows that the housing market in Double Springs is much more affordable than that of the United States as a whole. The one year appreciation of homes in Double Springs was 14.92%, which is much higher than the 8.27% rate recorded across the US. This suggests that home values in Double Springs are likely to continue to rise steadily over time, making it an attractive place to purchase a property for those looking for a good investment opportunity in real estate.
The median home cost in Double Springs (zip 35553) is $139,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Double Springs (zip 35553) is up 18.1%.
Average Age of Homes
- The median age of Double Springs (zip 35553) real estate is 33 years old
The Rental Market in Double Springs (zip 35553)
- Renters make up 16.0% of the Double Springs (zip 35553) population
- 0.0% of houses and apartments in Double Springs (zip 35553), 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.