The housing market in 36078 Tallassee, AL is quite robust. The median value of a home is $152,400, which is significantly lower than the US average of $338,100. This makes it an attractive market for potential buyers looking to purchase a home at an affordable price. Furthermore, in the last year alone there has been a 16.13% appreciation rate in Tallassee, which is higher than the national average of 8.27%. This shows that buying a house in Tallassee could be a smart investment decision as home values are rapidly increasing.
The median home cost in Tallassee (zip 36078) is $152,400. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Tallassee (zip 36078) is up 13.3%.
Average Age of Homes
- The median age of Tallassee (zip 36078) real estate is 35 years old
The Rental Market in Tallassee (zip 36078)
- Renters make up 24.1% of the Tallassee (zip 36078) population
- 1.8% of houses and apartments in Tallassee (zip 36078), 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.