The housing market in 35404 Tuscaloosa, AL is strong and on the rise. The median value of houses in the area is $134,800, which is significantly lower than the US house median value of $338,100. Furthermore, over the past year there has been an 8.27% increase in US house values, while in Tuscaloosa this figure stands at 10.84%, indicating that the housing market here is appreciating faster than the average rate across the country. This makes 35404 Tuscaloosa a great place to invest in a home as it offers good value for money with potential for further increases in property values.
The median home cost in Tuscaloosa (zip 35404) is $134,800. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Tuscaloosa (zip 35404) is up 13.6%.
Average Age of Homes
- The median age of Tuscaloosa (zip 35404) real estate is 33 years old
The Rental Market in Tuscaloosa (zip 35404)
- Renters make up 33.6% of the Tuscaloosa (zip 35404) population
- 1.5% of houses and apartments in Tuscaloosa (zip 35404), 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.