According to statistics, the population in Huntsville, AL amounts to 190,501, which shows decline 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $51,926, shifting decline 1% from the past year, and the average property value in Huntsville, AL decline 1% to $169,900 throughout the year.
|Number Of Employees||89,308|
|Median Property Value||$169,900|
The average household income in Huntsville, AL grew from $51,441 to $51,926 in the past year. This data is an estimate based upon 81,296 households in Huntsville, AL . The chart below presents how household income is distributed in Huntsville, AL in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Huntsville, AL shifted from $168,900 to $169,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Huntsville, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Huntsville, AL properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Huntsville, AL compared to median property taxes around the country. The prevalent amount of property taxes in Huntsville, AL equals $800, which is less than the national average.
During Dec 2022, the average price for an apartment in/near Huntsville, AL increased by 6% to $483,761.
Knowing the current property prices is key if you plan to buy a studio in Huntsville, AL. The average price for a studio has increased since the last month, currently being $659,633. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 0.4% to $142,999. Asking price for 2-bed apartment also increased by 25.5% and a place of this size will now cost you $253,188. A 3-bed apartment goes for $343,815, it increased by 4.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.8% and made it up to $537,129.
Price reports demonstrate that house price increased by 2.6% this month making it up to $462,496. Condos are really in demand in this season. The median price for a condo increased by 17.4%, it’s now available for $292,151. The price statistics of lofts have not significantly changed, it now still goes for $499,982. The average price of the land for sale in Huntsville, AL has increased by 30.5%, and now equals $693,704. Other types of properties for sale would cost $444,633 on average. Our data shows that this amount has stayed roughly the same compared to Nov.