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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Adger, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Adger, AL Housing Market Trends

With 5,017 people, 1,929 houses or apartments, and a median cost of homes of $228,639, house prices in Adger are solidly below the national average.

Single-family detached homes are the single most common housing type in Adger, accounting for 71.75% of the town's housing units. Other types of housing that are prevalent in Adger include mobile homes or trailers ( 27.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Adger. Owner-occupied housing accounts for 86.73% of Adger's homes, and 77.10% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Adger built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Adger built between 1940-1969 ( 21.62%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.03%). There's also some housing in Adger built before 1939 ( 2.61%).

Vacant housing appears to be an issue in Adger. Fully 19.62% of the housing stock is classified as vacant. Left unchecked, vacant Adger homes and apartments can be a drag on the real estate market, holding Adger real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Adger Home Appreciation Rates

Adger's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Adger during the period has been just 5.68%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Adger's appreciation rate, at 6.07%, has been at or slightly above the national average. In the latest quarter, Adger's appreciation rate has been 2.58%, which annualizes to a rate of 10.72%.

Relative to Alabama, our data show that Adger's latest annual appreciation rate is higher than 70% of the other cities and towns in Alabama.

Average Home Values

Median Home Value

$228,639

Adger, AL Home Prices
> $1,368,000
$1,026,001 - $1,368,000
$684,001 - $1,026,000
$547,001 - $684,000
$410,001 - $547,000
$273,001 - $410,000
$137,001 - $273,000
$68,001 - $137,000
$0 - $68,000
0.7%
0.7%
0.0%
0.0%
5.8%
5.8%
5.9%
5.9%
2.9%
2.9%
31.6%
31.6%
21.8%
21.8%
25.3%
25.3%
5.8%
5.8%
0% 100.0%
% of Homes
High

for Alabama

Low

for nation

Number of Homes And Apartments:

1,929

Adger Appreciation Rates

Rent & Ownership

Average Market Rent:

$3,096 / per month

Homeownership Rate

Owners
Renters
86.7%
86.7%
13.3%
13.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
19.6%
19.6%
80.4%
80.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
17.0%
17.0%
58.7%
58.7%
21.6%
21.6%
2.6%
2.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
71.8%
71.8%
0.0%
0.0%
0.0%
0.0%
0.9%
0.9%
27.4%
27.4%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
1.8%
1.8%
16.2%
16.2%
54.3%
54.3%
22.8%
22.8%
4.9%
4.9%
0% 100.0%
% of Homes

Popular Neighborhoods in Adger

Zip Codes in Adger, AL