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 3,271 people, 1,000 houses or apartments, and a median cost of homes of $238,494, house prices in Moundville are solidly below the national average.
Single-family detached homes are the single most common housing type in Moundville, accounting for 71.26% of the town's housing units. Other types of housing that are prevalent in Moundville include mobile homes or trailers ( 17.18%), large apartment complexes or high rise apartments ( 7.48%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.08%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moundville. Owner-occupied housing accounts for 72.28% of Moundville's homes, and 77.09% have either three or four bedrooms, which is average sized relative to America.
Moundville homes and real estate are some of the newest in America. 50.49% of Moundville's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Moundville real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.10%), and between 1940-1969 ( 7.09%). There's also some housing in Moundville built before 1939 ( 2.33%).
Real estate appreciation rates in Moundville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.72% during the period.
Appreciation rates are so strong in Moundville that despite a nationwide downturn in the housing market, Moundville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Moundville appreciation rates continue to be some of the highest in America, at 11.74%, which is higher than appreciation rates in 70.86% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Moundville. Moundville appreciation rates in the latest quarter were at 8.58%, which equates to an annual appreciation rate of 38.98%.
Importantly, this makes Moundville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Alabama, our data show that Moundville's latest annual appreciation rate is higher than 80% of the other cities and towns in Alabama.
$238,494
for Alabama
for nation
1,000
$1,377 / per month