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Huntsville’s median real estate price is $174,014, which is more expensive than 35% of the neighborhoods in Alabama. Huntsville home values have gone up 9.6% over the past year and compared to the state average of 6.8%, Huntsville is slightly higher. The median list price per square foot in Huntsville is $104, which is higher than the Huntsville Metro average of $102.
The average rental price in Huntsville is currently $979, based on NeighborhoodScout’s exclusive analysis. The average rental cost in this neighborhood is higher than 32% of the neighborhoods in Alabama.
Huntsville is a city centrally located in the northernmost part of the U.S. state of Alabama. It is located in Madison County and extends west into neighboring Limestone County. Huntsville is the county seat of Madison County, and the fourth-largest city in Alabama. The 2010 census estimated Huntsville’s population at 180,105. By 2016 the estimated population grew to 194,057. The Huntsville Metropolitan Statistical Area’s population was estimated at 444,752 in 2015. There are approximately 1.2 million people within a 50-mile radius of Huntsville.
Huntsville real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. There are a wide range of types of homes from those built in the early 1940’s to new home builds. Huntsville has 54 constituent neighborhoods.
Home and apartment vacancy rates are 11.1% in Huntsville. NeighborhoodScout analysis shows that this rate is lower than 50.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.
Unlike some cities, Huntsville isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Huntsville are a mix of both white- and blue-collar jobs. Overall, Huntsville is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Huntsville who work in office and administrative support (12.74%), sales jobs (10.11%), and management occupations (9.90%).
Also of interest is that Huntsville has more people living here who work in computers and math than 95% of the places in the US.