The median value of housing in Frankville, Alabama is $109,500, which is much lower than the national median value of $338,100. Despite this lower price point, the one-year appreciation rate for houses in Frankville is 14.17%, which is higher than the national rate of 8.27%. This indicates that house prices in Frankville are on an upward trend and could potentially lead to an increase in median value over time. As such, now may be a good time to invest in real estate in Frankville before prices rise too quickly.
The median home cost in Frankville (zip 36538) is $109,500. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Frankville (zip 36538) is up 15.3%.
Average Age of Homes
- The median age of Frankville (zip 36538) real estate is 39 years old
The Rental Market in Frankville (zip 36538)
- Renters make up 0.0% of the Frankville (zip 36538) population
- 0.0% of houses and apartments in Frankville (zip 36538), 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.