New Brockton, AL (36351) is an area that has seen a steady increase in its median housing value over the last year. The median value currently sits at $163,300, which is significantly lower than the US median of $338,100. Despite this large disparity in values, New Brockton has experienced a 10.93% appreciation rate in housing this past year compared to the national 8.27%. This reflects a healthy local economy and suggests that New Brockton is an attractive place for potential buyers looking for affordable homes.
The median home cost in New Brockton (zip 36351) is $163,300. Home appreciation the last 10 years has been 42.4%. Home Appreciation in New Brockton (zip 36351) is up 12.8%.
Average Age of Homes
- The median age of New Brockton (zip 36351) real estate is 35 years old
The Rental Market in New Brockton (zip 36351)
- Renters make up 17.9% of the New Brockton (zip 36351) population
- 2.4% of houses and apartments in New Brockton (zip 36351), 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.