Zip 35651 (Mount Hope, AL) Housing

Housing in 35651 Mount Hope, AL is an attractive option for potential homeowners. The median value of homes in this area is $196,100, which is significantly lower than the US median value of $338,100. Houses have experienced an impressive appreciation rate of 15.32% over the last year, much higher than the countrywide average of 8.27%. This makes Mt. Hope a desirable place to buy and live for many people looking for affordable housing options that will also appreciate in value over time.

The median home cost in Mount Hope (zip 35651) is $196,100. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Mount Hope (zip 35651) is up 19.8%.

Average Age of Homes

- The median age of Mount Hope (zip 35651) real estate is 41 years old

The Rental Market in Mount Hope (zip 35651)

- Renters make up 9.7% of the Mount Hope (zip 35651) population
- 0.0% of houses and apartments in Mount Hope (zip 35651), 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	Mount Hope, Alabama	United States
	611.0	139,647,020.0
	29	42
	$196,100	$338,100
	19.8%	16.6%
	62.1%	57.0%
	74.6%	101.1%
	$3.51	$10.98
	$609	$2,690
	65.1%	57.4%
	22.4%	11.2%
	12.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	20.0%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	7.0%	2.4%
	2.8%	2.8%
	16.1%	3.9%
	8.0%	4.5%
	7.0%	11.3%
	8.8%	13.0%
	32.9%	20.1%
	12.3%	13.6%
	0.0%	8.3%
	2.3%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.8%	0.2%
	9.5%	13.6%
	9.5%	13.6%
	10.5%	13.6%
	6.9%	13.2%
	18.3%	14.8%
	10.5%	13.6%
	7.2%	10.0%
	2.5%	4.7%
	8.0%	12.2%

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