Enterprise, AL

Population: 27,775
Average annual home appreciation rate: 8.42%
Total of homes for sale in this market: 157
Median home price: $159,867
Median Rent: $709 per room
Home price range: 40.61% of homes are between $99,001 – $198,000
Median sales price: NO DATA
Number of homes: 31
Median foreclosure sales price: NO DATA
Foreclosure discount: NO DATA
Most common home type: 71.37% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 16.94%
Number of renters: 37.48%
Number of owner occupied: 62.52%
Number people living below poverty level: 18.36%
Unemployment rate: 5.90%
Is this area perfect for real estate deals going on right now? There are some things going on in the Enterprise market right now that could really lead to opportunity for the savvy investor. Positive appreciation rates, MULTIPLE troubled properties available at large discounts, higher rental rates, and lower overall home prices. These are all parts of what some investors call the “perfect storm.”

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