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 13,587, 5,058 total housing units (homes and apartments), and a median house value of $302,400, Moody real estate is some of the most expensive in Alabama, although Moody home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Moody, accounting for 81.14% of the city's housing units. Other types of housing that are prevalent in Moody include large apartment complexes or high rise apartments ( 7.43%), mobile homes or trailers ( 6.07%), and a few row houses and other attached homes ( 4.05%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moody. Owner-occupied housing accounts for 76.30% of Moody's homes, and 78.71% have either three or four bedrooms, which is average sized relative to America.
Moody homes and real estate are some of the newest in America. 52.71% of Moody'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 Moody real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.41%), and between 1940-1969 ( 6.69%). There's also some housing in Moody built before 1939 ( 1.19%).
Real estate appreciation rates in Moody's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.89% during the period.
Over the last year, Moody appreciation rates have trailed the rest of the nation. In the last twelve months, Moody's appreciation rate has been 3.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moody were at 2.58%, which equates to an annual appreciation rate of 10.72%.
Relative to Alabama, our data show that Moody's latest annual appreciation rate is higher than 50% of the other cities and towns in Alabama.
$302,400
for Alabama
for nation
5,058
$2,254 / per month