Alabama property 2025

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Average Cost of Living in Alabama: $39,657 per year This is good news for anyone whos thinking of moving to Alabama, as MERICs 2022 Cost of Living Index actually ranked Alabama as having the 4th lowest cost of living in the United States. The only other Southeastern state to beat Alabama on that list was Mississippi.
The average cost of land in the contiguous United States is about $12000 per acre.
In September 2024, 18.0% of homes in Alabama sold above list price, down 3.6 points year. There were only 26.9% of homes that had price drops, up from 24.0% of homes in September last year. There was a 97.6% sale-to-list price, down 0.4 points year over year.
A building developer can comfortably fit at least 18 houses into an acre of land, helping you to understand the sheer size of an acre.
With a median home sale price of $135,000, Gadsden is the most affordable place to live in Alabama. About 60 miles northeast of Birmingham, the nearest major metro, Gadsden is home to roughly 33,900 people.
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ing to the US Department of Agriculture, Alabama has over 134,200 farms spanning 8.9 million acres of farmland as of 2021, valued at an average of $3,280 per acre across farm real estate.
How Much Is an Acre of Land Worth? ing to a study, there are about 1.9 billion acres of land in the United States valued at close to $23 trillion. This means that the average price per one acre is about $12000.
At first glance, how to calculate price per acre (PPA) is a relatively simple equation. It is the value of your property (v) divided by the number of acres (a). So, v a = PPA. You dont have to worry about squaring the measurement, because an acre is already considered to be a squared number.

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