Housing in Peterman, AL is quite affordable, with the median value being $102,500. Comparatively speaking, the median house value in the United States is much higher at $338,100. What's more impressive is that this past year has seen a 14.92% increase in home prices in Peterman, AL - nearly double the US national average of 8.27%. This indicates that housing is still growing steadily and healthy in Peterman, AL and makes it an attractive option for those looking to purchase a home.
The median home cost in Peterman is $102,500. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Peterman is up 18.1%.
Average Age of Homes
- The median age of Peterman real estate is 20 years old
The Rental Market in Peterman
- Renters make up 15.5% of the Peterman population
- 0.0% of houses and apartments in Peterman, 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.