Myrtlewood, AL is a relatively affordable area when it comes to housing. The median value of homes in the area is currently $92,000, which is significantly less than the US median house value of $338,100. Despite being lower-priced than other areas, Myrtlewood has had positive house appreciation over the past year with an increase of 14.92%, compared to 8.27% for the US as a whole. This makes Myrtlewood a great option for those looking to buy property in the area at a reasonable price.
The median home cost in Myrtlewood is $92,000. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Myrtlewood is up 18.1%.
Average Age of Homes
- The median age of Myrtlewood real estate is 47 years old
The Rental Market in Myrtlewood
- Renters make up 7.6% of the Myrtlewood population
- 0.0% of houses and apartments in Myrtlewood, 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.