The housing market in Forest Home, AL (36030) is growing rapidly. According to the data, the median value of a house in Forest Home is $122,600, which is substantially lower than the US median value of $338,100. Additionally, the one year appreciation rate for houses in Forest Home is 16.13%, which is considerably higher than the US one year appreciation rate of 8.27%. This evidence suggests that investing in housing in Forest Home may be an insightful decision due to the high appreciation potential.
The median home cost in Forest Home (zip 36030) is $122,600. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Forest Home (zip 36030) is up 13.3%.
Average Age of Homes
- The median age of Forest Home (zip 36030) real estate is 37 years old
The Rental Market in Forest Home (zip 36030)
- Renters make up 10.8% of the Forest Home (zip 36030) population
- 4.3% of houses and apartments in Forest Home (zip 36030), 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.