Goodwater, AL is a small town with an approximate population of 350 people. The housing median value in Goodwater is $114,900, which is much lower than the US House Median Value of $338,100. Despite this discrepancy, Goodwater's house 1 year appreciation rate is actually higher than the US average, at 13.55%. This means that over the last year, homes in Goodwater have increased in value more than other places across the nation. This appreciation rate could be attributed to a variety of factors such as local investment or increased demand for housing in the area.
The median home cost in Goodwater (zip 35072) is $114,900. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Goodwater (zip 35072) is up 19.7%.
Average Age of Homes
- The median age of Goodwater (zip 35072) real estate is 37 years old
The Rental Market in Goodwater (zip 35072)
- Renters make up 15.7% of the Goodwater (zip 35072) population
- 1.9% of houses and apartments in Goodwater (zip 35072), 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.