Tuscaloosa, AL

Population: 96,122
Average annual home appreciation rate: 9.77%
Total of homes for sale in this market: 11
Median home price: $165,230
Median Rent: $872 per room
Home price range: 42.08% of homes are between $101,001 – $202,000
Median sales price: Still gathering data
Number of homes: 60
Median foreclosure sales price: Gathering Data
Foreclosure discount: Gathering Data
Most common home type: 50.15% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 27.29%
Number of renters: 54.77%
Number of owner occupied: 45.23%
Number people living below poverty level: 26.29%
Unemployment rate: 5.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Tuscaloosa area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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