The median value of housing in 35406 Tuscaloosa, AL is $422,300, which is significantly higher than the US median house value of $338,100. This area also has a relatively high appreciation rate over the past year, at 10.84%. This means that home values have increased much more quickly in this area than they have nationally, where the appreciation rate was 8.27%. It is clear that this area is an attractive option for both buyers and investors.
The median home cost in Tuscaloosa (zip 35406) is $422,300. Home appreciation the last 10 years has been 56.4%. Home Appreciation in Tuscaloosa (zip 35406) is up 13.6%.
Average Age of Homes
- The median age of Tuscaloosa (zip 35406) real estate is 25 years old
The Rental Market in Tuscaloosa (zip 35406)
- Renters make up 17.8% of the Tuscaloosa (zip 35406) population
- 1.3% of houses and apartments in Tuscaloosa (zip 35406), 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.