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.
Looking for an apartment in Huntsville? Got you covered there, too.
What do you think of the housing market in Huntsville? Tag us on social @thebamabuzz + let us know.
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