The housing market in Faunsdale, AL is thriving. The median value of a house in this small rural town is $95,800, which is much lower than the national median value of $338,100. This lower price point provides a great opportunity for potential homeowners. Moreover, the 1 year appreciation rate for houses in Faunsdale is 14.92%, higher than the national rate of 8.27%. This indicates that investing in housing in Faunsdale is a sound decision and can potentially yield great returns. For those looking to settle down in rural Alabama or invest in real estate, Faunsdale should certainly be on their list of places to consider.
The median home cost in Faunsdale is $95,800. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Faunsdale is up 18.1%.
Average Age of Homes
- The median age of Faunsdale real estate is 53 years old
The Rental Market in Faunsdale
- Renters make up 0.0% of the Faunsdale population
- 0.0% of houses and apartments in Faunsdale, 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.