The housing market in 35771 Section, AL is on the rise, with a median value of $163,700 - significantly lower than the US median house value of $338,100. The US has seen an appreciation rate of 8.27% over the last year, but in 35771 Section, AL the rate of appreciation is 14.36% - more than 6 percentage points higher. This means that housing in this region is becoming increasingly attractive to potential buyers and investors looking for a place to call home or an opportunity to gain returns on their investment. With such a low median value compared to the national average and such a high rate of appreciation, this area has become increasingly attractive as a place to invest in real estate.
The median home cost in Section (zip 35771) is $163,700. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Section (zip 35771) is up 23.2%.
Average Age of Homes
- The median age of Section (zip 35771) real estate is 34 years old
The Rental Market in Section (zip 35771)
- Renters make up 24.3% of the Section (zip 35771) population
- 0.0% of houses and apartments in Section (zip 35771), 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.