The housing market in Glencoe, AL (35905) is booming. The median value of a house in the area is $169,500, which is significantly lower than the U.S. house median value of $338,100. However, over the past year the appreciation rate has been higher in Glencoe than across America as a whole – 17.72% compared to 8.27%. This means that residential properties are increasing in value quickly and may be a great investment opportunity for those looking to buy or rent homes in 35905 Glencoe, AL.
The median home cost in Glencoe (zip 35905) is $169,500. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Glencoe (zip 35905) is up 17.9%.
Average Age of Homes
- The median age of Glencoe (zip 35905) real estate is 37 years old
The Rental Market in Glencoe (zip 35905)
- Renters make up 21.3% of the Glencoe (zip 35905) population
- 0.0% of houses and apartments in Glencoe (zip 35905), 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.