The housing market in Smiths Station, AL (zip code 36877) is currently quite strong. The median value of homes here is $225,500, slightly lower than the US median of $338,100. However, the appreciation rate for the past year has been 11.26%, much higher than the national average of 8.27%. This indicates that homes in Smiths Station are becoming more valuable at a faster rate than in other parts of the US. Because of this quicker growth in home value, now may be an ideal time for potential homeowners to consider buying property in Smiths Station.
The median home cost in Smiths Station (zip 36877) is $225,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Smiths Station (zip 36877) is up 13.5%.
Average Age of Homes
- The median age of Smiths Station (zip 36877) real estate is 26 years old
The Rental Market in Smiths Station (zip 36877)
- Renters make up 26.2% of the Smiths Station (zip 36877) population
- 1.7% of houses and apartments in Smiths Station (zip 36877), 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.