The housing market in Theodore, AL (36582) has seen significant appreciation over the past year. The median value of homes in the area is currently $183,900, which is considerably lower than the US median value of $338,100. However, the one-year appreciation rate in Theodore is 14.17%, which is significantly higher than the US one-year appreciation rate of 8.27%. This suggests that Theodore is a desirable place to buy a home right now as prices are set to increase more quickly over time.
The median home cost in Theodore (zip 36582) is $183,900. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Theodore (zip 36582) is up 15.3%.
Average Age of Homes
- The median age of Theodore (zip 36582) real estate is 31 years old
The Rental Market in Theodore (zip 36582)
- Renters make up 26.0% of the Theodore (zip 36582) population
- 0.8% of houses and apartments in Theodore (zip 36582), 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.