Housing in 36441 Flomaton, AL is significantly more affordable than the national average, with a median value of $129,000 compared to the US house median value of $338,100. However, the one year appreciation rate for housing in this area is actually higher than the national average at 14.92% compared to 8.27%. This shows that housing in this area is an attractive investment potential and may be worth further investigation for potential buyers.
The median home cost in Flomaton (zip 36441) is $129,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Flomaton (zip 36441) is up 18.1%.
Average Age of Homes
- The median age of Flomaton (zip 36441) real estate is 29 years old
The Rental Market in Flomaton (zip 36441)
- Renters make up 21.8% of the Flomaton (zip 36441) population
- 2.1% of houses and apartments in Flomaton (zip 36441), 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.