Housing in 36042 Honoraville, AL is comparatively more affordable than housing across the United States as a whole. The median value of housing in 36042 Honoraville, AL is $124,600, while the US median house value is $338,100. Furthermore, the one year appreciation rate for housing in this area of Alabama is 16.13%, which is substantially higher than the US 1 year house appreciation rate of 8.27%. These factors make housing in 36042 Honoraville an attractive option for those looking to purchase a home that offers both affordability and potential for significant appreciation over time.
The median home cost in Honoraville (zip 36042) is $124,600. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Honoraville (zip 36042) is up 13.3%.
Average Age of Homes
- The median age of Honoraville (zip 36042) real estate is 35 years old
The Rental Market in Honoraville (zip 36042)
- Renters make up 16.2% of the Honoraville (zip 36042) population
- 3.2% of houses and apartments in Honoraville (zip 36042), 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.