Housing in 36551 Loxley, AL is quite desirable due to its median value of $259,200, which is significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year house appreciation rate in 36551 Loxley, AL is much higher than the US rate at 14.17%, compared to 8.27%. This makes 36551 Loxley a great place to invest in housing as it offers potential for greater returns on investment.
The median home cost in Loxley (zip 36551) is $259,200. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Loxley (zip 36551) is up 15.3%.
Average Age of Homes
- The median age of Loxley (zip 36551) real estate is 21 years old
The Rental Market in Loxley (zip 36551)
- Renters make up 28.2% of the Loxley (zip 36551) population
- 1.0% of houses and apartments in Loxley (zip 36551), 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.