Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 9,677, 4,148 total housing units (homes and apartments), and a median house value of $249,981, Fultondale real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Fultondale, accounting for 73.82% of the city's housing units. Other types of housing that are prevalent in Fultondale include large apartment complexes or high rise apartments ( 20.89%), duplexes, homes converted to apartments or other small apartment buildings ( 2.55%), and a few mobile homes or trailers ( 2.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fultondale. Owner-occupied housing accounts for 69.85% of Fultondale's homes, and 67.31% have either three or four bedrooms, which is average sized relative to America.
Fultondale homes and real estate are some of the newest in America. 36.72% of Fultondale's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Fultondale real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.16%), and between 1940-1969 ( 29.13%).
Real estate appreciation rates in Fultondale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.41% during the period.
Appreciation rates are so strong in Fultondale that despite a nationwide downturn in the housing market, Fultondale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Fultondale appreciation rates continue to be some of the highest in America, at 11.79%, which is higher than appreciation rates in 71.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Fultondale. Fultondale appreciation rates in the latest quarter were at 4.22%, which equates to an annual appreciation rate of 17.97%.
Relative to Alabama, our data show that Fultondale's latest annual appreciation rate is higher than 80% of the other cities and towns in Alabama.
$249,981
for Alabama
for nation
4,148
$2,162 / per month