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 a population of 13,526, 6,327 total housing units (homes and apartments), and a median house value of $366,219, Irondale real estate is some of the most expensive in Alabama, although Irondale home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Irondale, accounting for 64.44% of the city's housing units. Other types of housing that are prevalent in Irondale include large apartment complexes or high rise apartments ( 24.37%), duplexes, homes converted to apartments or other small apartment buildings ( 5.04%), and a few mobile homes or trailers ( 4.24%).
The most prevalent building size and type in Irondale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 60.52% owning and 39.48% renting.
There is a lot of housing in Irondale built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Irondale built between 2000 and later ( 27.97%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.19%). There's also some housing in Irondale built before 1939 ( 1.30%).
Real estate appreciation rates in Irondale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.70% during the period.
Over the last year, Irondale appreciation rates have trailed the rest of the nation. In the last twelve months, Irondale'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 Irondale were at 0.73%, which equates to an annual appreciation rate of 2.96%.
Relative to Alabama, our data show that Irondale's latest annual appreciation rate is lower than 60% of the other cities and towns in Alabama.
$366,219
for Alabama
for nation
6,327
$1,970 / per month