Housing Report for Auburn-Opelika
Auburn-Opelika had a median home value in the year 2005 of $111,700, according to the American Community Survey. This is greater than the overall Alabama 2005 home value of $97,500 and less than median home value of $167,500 across the nation during that year.
In Auburn-Opelika, there were a total of 56,954 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding in all 5,363 residential structures since 2001, a change of 10.4 percent.
The residential housing values in Auburn-Opelika, Alabama have small increases from the real estate values reported in 2000. The valuations have increased by $7,600, or 7.3 percent, from when in 2000 they were valued at $104,100.
Auburn-Opelika may be be described as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 1.7 percent residential property is valued over $500k.
It can be understood that there is a large amount of affordable housing in Auburn-Opelika, Alabama. In 2005, 56.8 percent of housing was valued under $125k.
The State of Alabama, Auburn-Opelika is positioned 1 of 11 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical areas (msa) ranks 60 of 361, comparing the percentage change in residential in other US MSAs.
In Auburn-Opelika, there were a total of 56,954 housing units in the year 2005. This represents a medium-high growth level in the number housing units, adding in all 5,363 residential structures since 2001, a change of 10.4 percent.
The residential housing values in Auburn-Opelika, Alabama have small increases from the real estate values reported in 2000. The valuations have increased by $7,600, or 7.3 percent, from when in 2000 they were valued at $104,100.
Auburn-Opelika may be be described as having a medium percentage of high-priced residential real estate. In 2005, the American Community Survey reports that 1.7 percent residential property is valued over $500k.
It can be understood that there is a large amount of affordable housing in Auburn-Opelika, Alabama. In 2005, 56.8 percent of housing was valued under $125k.
The State of Alabama, Auburn-Opelika is positioned 1 of 11 metro areas in terms of percentage growth in new housing structures. The metropolitan statistical areas (msa) ranks 60 of 361, comparing the percentage change in residential in other US MSAs.
0 Comments:
Post a Comment
<< Home