The housing market in 36451 Grove Hill, AL is strong. The median value of a house in this area is $128,900, which is significantly less than the US average of $338,100. In the past year, the US house appreciation was 8.27%, while in 36451 Grove Hill it was 14.92%. This indicates that the housing market continues to be strong in this area and that homes are expected to appreciate at an even faster rate than the national average. Investing in property here is likely to bring significant returns for those looking to buy or sell a home.
The median home cost in Grove Hill (zip 36451) is $128,900. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Grove Hill (zip 36451) is up 18.1%.
Average Age of Homes
- The median age of Grove Hill (zip 36451) real estate is 38 years old
The Rental Market in Grove Hill (zip 36451)
- Renters make up 29.0% of the Grove Hill (zip 36451) population
- 0.4% of houses and apartments in Grove Hill (zip 36451), 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.