The housing market in Muscle Shoals, Alabama has been performing well over the past year. The median value of homes in this area is $207,200, significantly lower than the US House Median Value of $338,100. However, there has been a large increase in home appreciation over the past year with a 15.32% appreciation rate compared to the US 1 year House Appreciation rate of 8.27%. This indicates that there is a lot of potential for growth in the Muscle Shoals housing market and those looking to invest or purchase property would be wise to do so now.
The median home cost in Muscle Shoals (zip 35661) is $207,200. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Muscle Shoals (zip 35661) is up 19.8%.
Average Age of Homes
- The median age of Muscle Shoals (zip 35661) real estate is 32 years old
The Rental Market in Muscle Shoals (zip 35661)
- Renters make up 22.9% of the Muscle Shoals (zip 35661) population
- 1.3% of houses and apartments in Muscle Shoals (zip 35661), 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.