The housing market in Wetumpka, AL is booming. The median value of a house in Wetumpka is $194,100, which is significantly lower than the US median value of $338,100. However, the 1 year appreciation rate for houses in Wetumpka has been much higher than the national average at 16.13%, compared to 8.27% respectively. With such a strong increase in value, it makes sense to invest in housing in this area for potential buyers or sellers alike.
The median home cost in Wetumpka (zip 36092) is $194,100. Home appreciation the last 10 years has been 46.0%. Home Appreciation in Wetumpka (zip 36092) is up 13.3%.
Average Age of Homes
- The median age of Wetumpka (zip 36092) real estate is 31 years old
The Rental Market in Wetumpka (zip 36092)
- Renters make up 20.9% of the Wetumpka (zip 36092) population
- 2.6% of houses and apartments in Wetumpka (zip 36092), 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.