Median price for residential apartments in Saraland, AL as of Jan, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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132 Saraland, AL, USA apartments for sale
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Saraland
According to statistics, the population in Saraland, AL amounts to 14,026, which shows growth 2% compared to the previous year. The median age of the city’s residents is 37. The average household income is $57,472, shifting growth 6% from the past year, and the average property value in Saraland, AL decline 0% to $136,200 throughout the year.
| Population | 14,026 |
| Median Age | 37.4 |
| Poverty Rate | 9% |
| Household Income | $57,472 |
| Number Of Employees | 6,245 |
| Median Property Value | $136,200 |
Household Income
The average household income in Saraland, AL grew from $54,471 to $57,472 in the past year. This data is an estimate based upon 4,998 households in Saraland, AL . The chart below presents how household income is distributed in Saraland, AL in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Saraland, AL shifted from $135,600 to $136,200 throughout the year. The subsequent graph indicates the share of properties in the given price range in Saraland, AL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Saraland, AL properties falls in the '$125,000 to $149,999' range, which is higher than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Saraland, AL compared to median property taxes around the country. The prevalent amount of property taxes in Saraland, AL equals $800, which is less than the national average.
Housing Trends
How much does an apartment cost in Saraland, AL, USA
Average apartment sale in Saraland: $227,182 (-17.9%)
| Apartment Size | Jan | vs Last Month |
|---|---|---|
| Studio apartments | $160,271 | -39.9% |
| 3-bed apartments | $182,479 | +8.1% |
| 4+ bed apartments | $396,622 | -1.8% |
During Jan 2023, the average price for an apartment in/near Saraland, AL decreased by 17.9% to $227,182.
Knowing the current property prices is key if you plan to buy a studio in Saraland, AL. The average price for a studio has decreased since the last month, currently being $160,271. A 3-bed apartment goes for $182,479, it increased by 8.1% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 1.8% and made it down to $396,622.
| Listing Type | Jan | vs Last Month |
|---|---|---|
| Land for sale | $160,271 | -40.5% |
| Houses for sale | $271,369 | -3.7% |
Price reports demonstrate that house price decreased by 3.7% this month making it up to $271,369. The average price of the land for sale in Saraland, AL has decreased by 40.5%, and now equals $160,271.
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