Needham, AL is a small city located in the southern part of Alabama, with a population of around 1,000 people. The median value for housing in this area is $73,800, which is well below the US median value of $338,100. Despite this relatively low median value, Needham has seen greater than average house appreciation over the last year; with an increase of 14.92%, compared to the US average of 8.27%. This could indicate that Needham is becoming an increasingly attractive option for potential home buyers due to its lower prices and higher than average appreciation rate.
The median home cost in Needham (zip 36915) is $73,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Needham (zip 36915) is up 18.1%.
Average Age of Homes
- The median age of Needham (zip 36915) real estate is 31 years old
The Rental Market in Needham (zip 36915)
- Renters make up 11.0% of the Needham (zip 36915) population
- 0.0% of houses and apartments in Needham (zip 36915), 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.