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Huntsville Property Management Blog

Opportunities for RE Investors in HSV!

Valley Homes Property Management - Sunday, July 5, 2020
Property Management Blog

Huntsville's exponential growth in real estate and employment continues to outpace the nation! For rent growth in Class A properties, Huntsville topped the nation at 10.5%, which also drove the city to #1 in the country's top 150 largest apartment markets also, with an increase of 7.7%.

Huntsville Alabama Job Growth 2019 -

Meanwhile, Huntsville was tied for #7 in the country for job growth by the beginning of the fourth quarter in 2019  based on data from the bureau of Labor and Statistics. With a growth rate of 3.5%, Huntsville was one of only two cities to report an improvement on positive growth from the previous year. 

Huntsville Alabama Median Sales Price Single Family Homes and Townhouse -

Data released by ValleyMLS which serves the greater Huntsville area shows gains of nearly 10% in the average sale price ($251,015), and an increase of over 10% in the city's median sales price ($223,000). With an annual real estate property tax rate of only 0.42%, Huntsville ranks second only to Hawaii for lowest rate in the nation (source: WalletHub).