Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 13,595 people, 5,212 houses or apartments, and a median cost of homes of $299,487, Moody real estate is some of the most expensive in Alabama, although Moody home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Moody, accounting for 79.21% of the city's housing units. Other types of housing that are prevalent in Moody include large apartment complexes or high rise apartments ( 8.52%), mobile homes or trailers ( 6.59%), and a few row houses and other attached homes ( 3.63%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Moody. Owner-occupied housing accounts for 76.82% of Moody's homes, and 78.56% have either three or four bedrooms, which is average sized relative to America.
Moody homes and real estate are some of the newest in America. 56.25% of Moody's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Moody real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 33.99%), and between 1940-1969 ( 8.48%). There's also some housing in Moody built before 1939 ( 1.28%).
Moody's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Moody during the period has been just 5.81%, which is lower than 70% of US communities.
Over the last year, Moody appreciation rates have trailed the rest of the nation. In the last twelve months, Moody's appreciation rate has been 6.01%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Moody were at 0.73%, which equates to an annual appreciation rate of 2.96%.
Relative to Alabama, our data show that Moody's latest annual appreciation rate is lower than 60% of the other cities and towns in Alabama.
$299,487
for Alabama
for nation
5,212
$2,094 / per month