Housing in 35209 Homewood, AL is on the rise. The median value of homes in the area is currently $446,000, which is significantly higher than the US median value of $338,100. Additionally, house appreciation in 35209 over the past year has been 8.80%, which is higher than the national average of 8.27%. This indicates that investing in housing in 35209 may be a good option for those looking to purchase real estate.
The median home cost in Homewood (zip 35209) is $446,000. Home appreciation the last 10 years has been 83.0%. Home Appreciation in Homewood (zip 35209) is up 14.3%.
Average Age of Homes
- The median age of Homewood (zip 35209) real estate is 44 years old
The Rental Market in Homewood (zip 35209)
- Renters make up 49.3% of the Homewood (zip 35209) population
- 7.7% of houses and apartments in Homewood (zip 35209), 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.