The housing market in Letohatchee, AL is thriving, with the median value at $130,400, significantly lower than the US median of $338,100. The US has seen 1 year house appreciation of 8.27%, but in Letohatchee this number is even higher at 16.13%. This strong appreciation rate likely makes it a great investment opportunity and demonstrates the strength of the local housing market.
The median home cost in Letohatchee (zip 36047) is $130,400. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Letohatchee (zip 36047) is up 13.3%.
Average Age of Homes
- The median age of Letohatchee (zip 36047) real estate is 29 years old
The Rental Market in Letohatchee (zip 36047)
- Renters make up 9.8% of the Letohatchee (zip 36047) population
- 0.0% of houses and apartments in Letohatchee (zip 36047), 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.