The housing market in 35574 Kennedy, AL is booming right now. Median home values are currently at $114,800 and have appreciated 14.92% over the past year, compared to the US median home value of $338,100 and 8.27% appreciation nationwide. This is an exciting time for homebuyers in Kennedy who can take advantage of this high rate of appreciation and relatively low cost of living when compared to other areas in the country.
The median home cost in Kennedy (zip 35574) is $114,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Kennedy (zip 35574) is up 18.1%.
Average Age of Homes
- The median age of Kennedy (zip 35574) real estate is 42 years old
The Rental Market in Kennedy (zip 35574)
- Renters make up 15.3% of the Kennedy (zip 35574) population
- 0.8% of houses and apartments in Kennedy (zip 35574), 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.