Zip 36740 (Forkland, AL) Housing

The housing market in Forkland, AL (36740) is going strong. The median value of houses in the area is $112,300, which is significantly lower than the national average of $338,100. In the last year alone, house appreciation in Forkland has been 14.92%, more than double the US 1 year House Appreciation rate of 8.27%. It's a great time to invest in real estate in Forkland as prices are on the rise and buyers have many options to choose from.

The median home cost in Forkland (zip 36740) is $112,300. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Forkland (zip 36740) is up 18.1%.

Average Age of Homes

- The median age of Forkland (zip 36740) real estate is 36 years old

The Rental Market in Forkland (zip 36740)

- Renters make up 14.3% of the Forkland (zip 36740) population
- 0.0% of houses and apartments in Forkland (zip 36740), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Forkland, Alabama	United States
	686.0	139,647,020.0
	41	42
	$112,300	$338,100
	18.1%	16.6%
	51.1%	57.0%
	61.6%	101.1%
	$3.89	$10.98
	$199	$2,690
	34.8%	57.4%
	47.4%	11.2%
	17.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	32.4%	3.6%
	13.7%	4.1%
Value of Owner-Occupied Housing
	8.0%	2.6%
	10.0%	2.4%
	23.8%	2.8%
	0.0%	3.9%
	6.7%	4.5%
	38.9%	11.3%
	5.9%	13.0%
	2.9%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	3.8%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.3%	13.6%
	13.3%	13.6%
	8.9%	13.6%
	26.8%	13.2%
	25.2%	14.8%
	8.9%	13.6%
	11.1%	10.0%
	1.9%	4.7%
	1.2%	12.2%

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