The housing market in Gainestown, AL (zip code 36540) is faring well, with the median value of homes at $156,700. This is significantly lower than the US median house value of $338,100. However, over the past year there has been an impressive 14.17% appreciation rate in the area compared to 8.27% nationally. This indicates that Gainestown is an attractive option for potential homeowners who are looking for a stable and growing housing market.
The median home cost in Gainestown (zip 36540) is $156,700. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Gainestown (zip 36540) is up 15.3%.
Average Age of Homes
- The median age of Gainestown (zip 36540) real estate is 31 years old
The Rental Market in Gainestown (zip 36540)
- Renters make up 16.2% of the Gainestown (zip 36540) population
- 0.0% of houses and apartments in Gainestown (zip 36540), 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.