The housing market in Vincent, AL (35178) is relatively strong. The median house value for the area is $211,100, which is significantly lower than the national median of $338,100. However, the 1 year house appreciation rate in Vincent, AL is much higher than the US average at 12.10%, compared to 8.27% nationally. This indicates that housing values in this area are increasing more quickly than elsewhere and could be a good investment opportunity for potential buyers.
The median home cost in Vincent (zip 35178) is $211,100. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Vincent (zip 35178) is up 18.4%.
Average Age of Homes
- The median age of Vincent (zip 35178) real estate is 25 years old
The Rental Market in Vincent (zip 35178)
- Renters make up 6.8% of the Vincent (zip 35178) population
- 0.6% of houses and apartments in Vincent (zip 35178), 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.