As a twenty-something, home-ownership has begun to come to the forefront of my mind. What can I afford? What does the housing market in Huntsville look like? How will I know when the time is right? Continue reading for a look into finding a home in Rocket City.
The housing market in Huntsville
Huntsville was recently named a housing market “hidden gem” by The National Association of Realtors. I’ve been considering looking into buying my very first home, so this caught my eye and led me into a search to better understand the Huntsville housing market.
Things to know about Huntsville:
- Demand is high, supply is low
- Low cost of living (5% lower than the national average), high quality of life
- Employment opportunities and population growth are both high
- Huntsville is the biggest city in Alabama
Now that you know more about what’s going on in Huntsville, let’s take a look at the numbers. They don’t lie after all.
|Median Listing Home Value||$339,900|
|Average Home Price||$339,900|
|Demand||Up 4% (Nov 2021)|
|Supply||Down 17% (Nov 2021)|
|Price||Up 30% (Nov 2021)|
Checking out homes available now
After learning more about the housing market, I headed to some of my favorite sites for some light home-browsing.
I set my own criteria:
- Under $300,000
- 3 bedroom/2 bath
- Bonus: garage + outdoor space for hosting
1. Evergreen Street
This one immediately made me feel like I was daydreaming. I loved the interior and exterior of this house. With a garage and great outdoor space, I was instantly interested.
- 2610 Evergreen St SE, Huntsville, AL 35801
- 3 bed/2 bath
- 1,540 sq/ft
- $299,900 listed price
2. Mira Vista Drive
Once again, I loved the interior of this home—totally imagining my own decor in it. The home is spacious, has a great kitchen and an outdoor front porch, so it has plenty of pros in my book.
- 833 Mira Vista Drive, Huntsville, AL 35802
- 3 bed/2 bath
- 1,566 sq/ft
- $250,000 listed price
3. Rockcliff Drive
This home checked off plenty of my boxes. Complete with a back porch, this home’s price came in under budget—a plus!
- 12015 NW Rockcliff Dr, Huntsville, AL 35810
- 3 bed/3 bath
- 2,190 sq/ft
Which would you pick?
My top house
Ultimately, my first choice would be the house on Evergreen Street. I love the unique character within the home and its price would make it the best investment for me!
Someday, maybe! A girl can dream.
My takeaway? Huntsville is growing and the housing market is hot. As the area continues to expand and develop, I want to have a stake in the housing market and an opportunity for investment.
What do you think of the housing market in Huntsville? Tag us on social @thebamabuzz + let us know.