The housing market in Axis, AL is thriving with the median value of a house currently at $172,800. This is significantly less than the US median value of $338,100 but the appreciation rate for the last year was 14.17%, much higher than the US average of 8.27%. This demonstrates that people are choosing to move to the area and this has increased demand for homes over the past year. The attractive housing prices and substantial increase in appreciation make Axis, AL an ideal place to invest in property.
The median home cost in Axis is $172,800. Home appreciation the last 10 years has been 97.4%. Home Appreciation in Axis is up 15.3%.
Average Age of Homes
- The median age of Axis real estate is 28 years old
The Rental Market in Axis
- Renters make up 15.4% of the Axis population
- 0.0% of houses and apartments in Axis, 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.