Housing in the 35816 area of Huntsville, AL is a great investment. The median value of houses in this area is $155,400, which is relatively lower than the US median house value of $338,100. Additionally, the one-year appreciation rate for houses in Huntsville was 10.31%, higher than the national average of 8.27%. This makes housing in Huntsville an attractive option both as a place to live and as an investment opportunity.
The median home cost in Huntsville (zip 35816) is $155,400. Home appreciation the last 10 years has been 88.9%. Home Appreciation in Huntsville (zip 35816) is up 20.5%.
Average Age of Homes
- The median age of Huntsville (zip 35816) real estate is 41 years old
The Rental Market in Huntsville (zip 35816)
- Renters make up 61.0% of the Huntsville (zip 35816) population
- 4.4% of houses and apartments in Huntsville (zip 35816), 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.