The housing in 36049 Luverne, AL has an impressive median value of $126,400. This is considerably lower than the U.S. median of $338,100 and demonstrates the attractive affordability of living in this area. The appreciation rate of homes over the past year is even more remarkable at 16.13%, which is almost twice as much as the U.S. rate of 8.27%. It's no wonder why so many people are looking to invest in or move to the area as property values continue to rise at a rapid pace.
The median home cost in Luverne (zip 36049) is $126,400. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Luverne (zip 36049) is up 13.3%.
Average Age of Homes
- The median age of Luverne (zip 36049) real estate is 40 years old
The Rental Market in Luverne (zip 36049)
- Renters make up 32.0% of the Luverne (zip 36049) population
- 3.3% of houses and apartments in Luverne (zip 36049), 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.