The housing market in Piedmont, AL (36272) is booming, with the Median Value of houses in the area coming in at $118,800. This is significantly less than the US House median value of $338,100. However, while the US House Appreciation rate over the last year has been 8.27%, Piedmont has seen a staggering 12.26% jump in just 12 months. Clearly this indicates that this area is an attractive prospect for buyers and investors alike due to its increasing property values and relatively low median house cost.
The median home cost in Piedmont (zip 36272) is $118,800. Home appreciation the last 10 years has been 60.3%. Home Appreciation in Piedmont (zip 36272) is up 17.7%.
Average Age of Homes
- The median age of Piedmont (zip 36272) real estate is 42 years old
The Rental Market in Piedmont (zip 36272)
- Renters make up 17.8% of the Piedmont (zip 36272) population
- 1.3% of houses and apartments in Piedmont (zip 36272), 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.