The housing market in 36442 Florala, AL is booming, with a median value of $113,000. This is significantly lower than the US House Median Value of $338,100. Furthermore, the US 1 year House Appreciation has been 8.27%, but the 1 year appreciation in36442 Florala, AL has been 14.92%. This shows that the housing market in this area is on an uptrend and could potentially be a great place to invest in real estate.
The median home cost in Florala (zip 36442) is $113,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Florala (zip 36442) is up 18.1%.
Average Age of Homes
- The median age of Florala (zip 36442) real estate is 35 years old
The Rental Market in Florala (zip 36442)
- Renters make up 18.6% of the Florala (zip 36442) population
- 0.8% of houses and apartments in Florala (zip 36442), 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.