The housing market in Monroeville, AL (zip code 36460) is looking quite good. The median value of a house in the area is $125,300 which is significantly lower than the US median value of $338,100. This makes it more affordable for those who are looking to buy a home in the area. On top of that, the average one year appreciation rate for houses here is 14.92%, which is higher than the national average of 8.27%. Overall, Monroeville's housing market appears to be very strong and offers potential buyers an affordable and profitable option for purchasing real estate.
The median home cost in Monroeville (zip 36460) is $125,300. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Monroeville (zip 36460) is up 18.1%.
Average Age of Homes
- The median age of Monroeville (zip 36460) real estate is 34 years old
The Rental Market in Monroeville (zip 36460)
- Renters make up 26.6% of the Monroeville (zip 36460) population
- 4.3% of houses and apartments in Monroeville (zip 36460), 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.