Real Estate in Huntsville, AL
Once you learn a little about Huntsville, AL, you’ll quickly understand why this charming community is one of Alabama’s fastest-growing cities. While it is currently the third largest city in Alabama, it is on track to soon become the largest. Ready to buy a home in Huntsville, AL? Here are a few things you should know about the area.
Diverse Real Estate Opportunities The real estate in Huntsville, AL, is as diverse as its population, and includes Single-family homes, Townhomes, Apartments and Condominiums. The wide availability of various housing options makes this area ideal for single individuals, families and retired adults. The median cost of real estate in Huntsville, AL, for a single-family home is just over $140,000. If you don’t want to buy one of the many properties for sale in this growing city, there are plenty of options to rent.
Attractive Cost of Living The cost of living in Huntsville city is more than eight percent lower than the national average, which makes it an attractive destination for families of all income levels. In addition to a low cost of living, Huntsville also boasts a good average household income of over $71,000 annually. The employment rate in Huntsville is slightly higher than the U.S. average, but recent job growth shows a positive upward trend. As the community continues to grow and attract more businesses, the unemployment rate is expected to fall.
Recreational Opportunities If you’re a fan of rockets, you will want to buy a home in Huntsville, AL. Also known as Rocket City, Huntsville is crazy about spacecraft, rockets and missiles. The U.S. Space and Rocket Center, the Army’s Aviation and Missile Command, and NASA’s Marshall Space Flight Center call this city home, so its rocket-obsessed culture comes as no surprise. Even if you don’t like rockets, there are plenty of other reasons to look for real estate in Huntsville, AL. The city is committed to wholesome recreation and has over 14 miles of hiking trails, botanical gardens and campgrounds. There are also plenty of galleries and studios to keep art lovers entertained. If you’re a fan of craft beer, you’ll love the wide variety of local brews offering some of the best-tasting craft beer around.
Search for Your New Home If you want to buy a home in Huntsville, AL, there is no better time than now to claim your piece of paradise. Download the Homes.com app to start your search, or type your desired city or zip code into our user-friendly search bar and get ready to find the perfect home for your family.