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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 2,075, 894 total housing units (homes and apartments), and a median house value of $170,460, house prices in Aliceville are solidly below the national average.
Single-family detached homes are the single most common housing type in Aliceville, accounting for 63.34% of the city's housing units. Other types of housing that are prevalent in Aliceville include duplexes, homes converted to apartments or other small apartment buildings ( 26.49%), mobile homes or trailers ( 5.54%), and a few large apartment complexes or high rise apartments ( 3.32%).
The most prevalent building size and type in Aliceville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 41.55% owning and 58.45% renting.
There is a lot of housing in Aliceville 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 Aliceville built between 1940-1969 ( 41.89%). A lesser amount of the housing stock also hails from between 2000 and later ( 10.67%). There's also some housing in Aliceville built before 1939 ( 4.03%).
Appreciation rates for homes in Aliceville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 89.05%, which ranks in the top 50% nationwide. This equates to an annual average Aliceville house appreciation rate of 6.58%.
Appreciation rates are so strong in Aliceville that despite a nationwide downturn in the housing market, Aliceville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Aliceville appreciation rates continue to be some of the highest in America, at 13.48%, which is higher than appreciation rates in 81.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Aliceville. Aliceville appreciation rates in the latest quarter were at 10.07%, which equates to an annual appreciation rate of 46.78%.
Importantly, this makes Aliceville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Alabama, our data show that Aliceville's latest annual appreciation rate is higher than 80% of the other cities and towns in Alabama.
$170,460
for Alabama
for nation
894
$981 / per month