HUNTSVILLE, Ala. — Are you looking to buy a home? Experts say now is the time to lock one down.
The average home price in Huntsville has increased by $55,000 since January 2021. Five years ago in January 2017 the average price was $168,000 compared to the current $278,000.
Almost ten thousand homes were sold last year in Huntsville according to the Huntsville Area Association of Relators (HAAR).
Many people think that they should wait it out and push off buying a home until another housing crash hits. The founder of Chanda Davis Real Estate says it's unlikely that we will see another recession similar to 2008.
There's an increased need for homes in the Rocket City because of new job opportunities. If you need help securing a loan for a home, there are several programs in Alabama that can help.
ORGANIZATIONS THAT CAN HELP:
Cost of Living in Huntsville:
Many service jobs in our area pay well above the state average for minimum wage, but is it enough to live comfortably in Huntsville?
