The housing market in Russellville, AL (35653) is flourishing. According to the median value of housing in the area, which is $127,800, it is significantly lower than the US median value of $338,100. However, over the last year there has been a much higher appreciation rate of 15.32%, compared to the US average appreciation rate of 8.27%. This suggests that investments in Russellville are seeing some very good returns and that the local housing market is doing very well.
The median home cost in Russellville (zip 35653) is $127,800. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Russellville (zip 35653) is up 19.8%.
Average Age of Homes
- The median age of Russellville (zip 35653) real estate is 42 years old
The Rental Market in Russellville (zip 35653)
- Renters make up 35.4% of the Russellville (zip 35653) population
- 2.6% of houses and apartments in Russellville (zip 35653), 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.