Millbrook, AL is an excellent place to consider when looking for housing. The median value of homes in Millbrook is $184,400, which is significantly less than the US median value of $338,100. In the past year, the appreciation rate of homes in Millbrook has been 16.13%, which is much higher than the national average of 8.27%. This makes Millbrook a great choice for both buyers looking for stability and investors looking for potential growth.
The median home cost in Millbrook (zip 36054) is $184,400. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Millbrook (zip 36054) is up 13.3%.
Average Age of Homes
- The median age of Millbrook (zip 36054) real estate is 22 years old
The Rental Market in Millbrook (zip 36054)
- Renters make up 29.0% of the Millbrook (zip 36054) population
- 1.7% of houses and apartments in Millbrook (zip 36054), 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.