The housing market in Huntsville, AL 35805 is particularly promising as the median value of homes is $140,400, which is significantly lower than the US median value of $338,100. Furthermore, homes appreciate faster in this area, with an annual appreciation rate of 10.31%, compared to 8.27% for the entire US. This makes Huntsville an ideal location for those looking to invest in real estate or purchase a home at a reasonable price without sacrificing potential long-term gains.
The median home cost in Huntsville (zip 35805) is $140,400. Home appreciation the last 10 years has been 88.9%. Home Appreciation in Huntsville (zip 35805) is up 20.5%.
Average Age of Homes
- The median age of Huntsville (zip 35805) real estate is 50 years old
The Rental Market in Huntsville (zip 35805)
- Renters make up 57.3% of the Huntsville (zip 35805) population
- 2.0% of houses and apartments in Huntsville (zip 35805), 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.