The housing market in 35040 Calera, AL is significantly more attractive than that of the national average. The median value for a house in 35040 Calera, AL is $246,100, which is substantially lower than the national median value of $338,100. Additionally, the one year appreciation rate for houses in 35040 Calera, AL is 13.55%, much higher than the national average of 8.27%. This means that over the last year, homes in this area have increased greatly in value and show no signs of slowing down anytime soon. For potential home buyers or investors looking to get into the housing market, 35040 Calera, AL offers a great opportunity to capitalize on these current trends.
The median home cost in Calera (zip 35040) is $246,100. Home appreciation the last 10 years has been 77.2%. Home Appreciation in Calera (zip 35040) is up 19.7%.
Average Age of Homes
- The median age of Calera (zip 35040) real estate is 15 years old
The Rental Market in Calera (zip 35040)
- Renters make up 18.3% of the Calera (zip 35040) population
- 1.8% of houses and apartments in Calera (zip 35040), 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.