Zip 35582 (Red Bay, AL) Housing

In 35582 Red Bay, AL the housing median value is much lower than the US average at $130,200 compared to $338,100. However, over the last year homes in Red Bay have appreciated significantly more than the US average with a rate of 14.92% compared to 8.27%. This strong appreciation rate suggests that now may be an excellent time to invest in real estate in Red Bay as prices are quickly increasing making it a great opportunity for potential buyers.

The median home cost in Red Bay (zip 35582) is $130,200. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Red Bay (zip 35582) is up 18.1%.

Average Age of Homes

- The median age of Red Bay (zip 35582) real estate is 41 years old

The Rental Market in Red Bay (zip 35582)

- Renters make up 28.8% of the Red Bay (zip 35582) population
- 1.4% of houses and apartments in Red Bay (zip 35582), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Red Bay, Alabama	United States
	2,326.0	139,647,020.0
	44	42
	$130,200	$338,100
	18.1%	16.6%
	51.1%	57.0%
	61.6%	101.1%
	$3.95	$10.98
	$327	$2,690
	56.4%	57.4%
	19.2%	11.2%
	24.4%	31.4%
Vacant Housing
	1.4%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	17.8%	4.1%
Value of Owner-Occupied Housing
	3.6%	2.6%
	8.5%	2.4%
	14.5%	2.8%
	21.7%	3.9%
	7.6%	4.5%
	13.1%	11.3%
	17.1%	13.0%
	10.4%	20.1%
	1.1%	13.6%
	0.5%	8.3%
	1.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.4%	13.6%
	2.4%	13.6%
	18.0%	13.6%
	19.2%	13.2%
	14.7%	14.8%
	18.0%	13.6%
	11.0%	10.0%
	12.7%	4.7%
	4.8%	12.2%

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