2021 Housing Market Overview
Huntsville Real Estate Market 2021
Huntsville Real Estate Market Overview
Metro Population: 472k
Median Household Income:$54,000
Median Home Price*:$203,000
Median Monthly Rent*:$1,350
Interested in investing in the Huntsville real estate market in 2020? On this page you’ll learn about housing market trends and statistics to help you make that decision.
The fourth-largest city in Alabama, Huntsville is just a 90-mile drive on the I-65 heading north from Birmingham. Founded in 1811, Huntsville is known for its rich Southern heritage and a legacy of space missions. Huntsville actually earned the nickname “The Rocket City” during the 1960s when the Saturn V rocket was developed at Marshall Space Flight Center, which later made it possible for Neil Armstrong and Buzz Aldrin to walk on the moon.
Today, Huntsville is one of the most well known cities in the Southeast part of the country. USA Today touted Huntsville as “one of the top communities leading the economic recovery,” while Money magazine named it “one of the nation’s most affordable cities.”
Huntsville is well known for its technology, space, and defense industries. The top employer is the military with over 31,000 jobs at Redstone Arsenal. NASA Marshall Space Flight Center is the next largest employer. The city is also home to several Fortune 500 companies, which provide a broad base of manufacturing, retail, and service industries to the area.
Huntsville Housing Market Trends
Huntsville Real Estate Market Trends & Statistics 2021In this section, you’ll learn about the top factors that make Huntsville one of the most popular real estate markets to invest in today, including affordable home prices, cash flow, population growth, and job growth. Explore Huntsville’s housing market, population, and employment trends in the tabs to learn more.
Major Employers in Huntsville
Huntsville Housing Market News
- "#4 in Lowest Cost of Living " - Business Insider
- "#10 Best City to Buy a House" - Niche
- "Things to do in Huntsville" - huntsville.org
- "#23 Best Place To Rent" - WalletHub, July 2018
- "#7 Best Place To Live" - U.S. News, April 2018
- "#2 Up & Coming Tech Hotspots" - Livability, September 2018
- "#1 of The Best Places to Live in America’s New Tech Hubs" - Trulia, February 2018
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