Zip 36350 (Midland City, AL) Housing

Housing in 36350 Midland City, AL is quite affordable compared to the US median. According to the given data, the housing median value in 36350 Midland City is $161,200 while the US house median value is $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, while the house 1 year appreciation rate in this area is 10.93%. This indicates that real estate in this area has appreciated significantly and will likely continue to do so in the near future. Therefore, if you are looking for a more affordable home with good potential for appreciation, 36350 Midland City could be a great option for you.

The median home cost in Midland City (zip 36350) is $161,200. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Midland City (zip 36350) is up 12.8%.

Average Age of Homes

- The median age of Midland City (zip 36350) real estate is 27 years old

The Rental Market in Midland City (zip 36350)

- Renters make up 31.6% of the Midland City (zip 36350) population
- 3.5% of houses and apartments in Midland City (zip 36350), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Midland City, Alabama	United States
	3,355.0	139,647,020.0
	30	42
	$161,200	$338,100
	12.8%	16.6%
	37.3%	57.0%
	42.4%	101.1%
	$3.16	$10.98
	$433	$2,690
	53.5%	57.4%
	12.4%	11.2%
	34.1%	31.4%
Vacant Housing
	3.5%	1.9%
	0.7%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	6.4%	4.1%
Value of Owner-Occupied Housing
	3.2%	2.6%
	3.5%	2.4%
	3.6%	2.8%
	6.8%	3.9%
	15.0%	4.5%
	22.5%	11.3%
	15.7%	13.0%
	11.0%	20.1%
	8.6%	13.6%
	2.7%	8.3%
	5.5%	9.7%
	1.1%	3.9%
	0.7%	2.2%
	0.3%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.3%	13.6%
	23.3%	13.6%
	19.2%	13.6%
	13.2%	13.2%
	22.8%	14.8%
	19.2%	13.6%
	3.5%	10.0%
	1.2%	4.7%
	2.2%	12.2%

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