Housing in 36561 Orange Beach, AL is more expensive than the US median value. The median value in 36561 Orange Beach is $643,300 compared to the US median value of $338,100. Furthermore, the one year house appreciation in 36561 Orange Beach is 14.17% which is higher than the US average of 8.27%. Therefore, housing in 36561 Orange Beach has seen a greater appreciation rate and a much higher median value than most other areas throughout the United States.
The median home cost in Orange Beach (zip 36561) is $643,300. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Orange Beach (zip 36561) is up 15.3%.
Average Age of Homes
- The median age of Orange Beach (zip 36561) real estate is 19 years old
The Rental Market in Orange Beach (zip 36561)
- Renters make up 6.0% of the Orange Beach (zip 36561) population
- 46.2% of houses and apartments in Orange Beach (zip 36561), 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.