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Inside Real Estate: An Inside Look Into Real Estate

Huntsville

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Buying a Home in Huntsville
Huntsville, Alabama (AL)

Established in the early 1800s, Huntsville remained a small town until the onset of World War II when it was chosen as the site of several military manufacturing plants. Today it is one of the most recognized cities in the South and is consistently named as one of the best places to live and work.

For those buying a home in Huntsville, the most important two things are to secure the aid of a qualified real estate professional, and to acquire community information that helps you choose the right neighborhood.

 

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Quick Stats for Huntsville specific information
Population 158,216Median Age 36.7 yrsHousehold Size: 2.29
Avg Home Value: $97,300July High: 89.7°FJanuary Low: 29.9°F
 

Buying a Home in Huntsville

If you’re considering buying a home in Huntsville, you have a daunting prospect ahead of you. Huntsville is a large city (approximately 165,000 residents), and at any given time there are more than 3,000 homes on the market. So how to tell which of the 3,000 is best for you and your family?

Find a Realtor:

Securing the aid of a qualified real estate professional right from the start is a smart move, and may save you time, money, and a headache or two. You will have to decide whether you want a buyer’s agent or not; the services of a professional who does not exclusively represent buyers will come free of charge while you will pay for the buyer’s agent, but on the other hand, with a buyer’s agent you do not have to worry about any conflict of interest. We recommend that all home buyers, at least, work with an agent, based in their budget and how comfortable they feel with the process of real estate transactions.

What will the realtor do?

In addition to the obvious (helping you find a home and helping you negotiate the transaction of buying a home in Huntsville) the real estate professional will help in innumerable small ways. He or she can provide you with local weather, public school, and community information, all of which may help you select the ideal neighborhood. The realtor will also help you determine whether the seller is asking a reasonable price, by doing a Comparative Market Analysis for any home you may be interested in.

Doing research on your own:

Normally, we’d advise you to do extensive research of your own on any area you are interested in moving to, especially if you don’t have the aid of a buyer’s agent, but in this case, we’ve done much of it for you. Here’s some information about the area you may find useful before buying a home in Huntsville:

  • Huntsville’s median household income is approximately $42,000.
  • The median house value in Huntsville is $98,000; real estate in the area is reasonably priced.
  • Although Huntsville spending per-pupil is lower than national averages, Huntsville has many good teachers, the average class size is 20 or less, and students in general perform better on standardized tests than the national average.
  • Over half of Huntsville’s population (52%) is currently married.
  • The coldest month in Huntsville is January, during which the average temperature is 40 degrees Fahrenheit; while the warmest month is July, which averages 79 degrees Fahrenheit.
  • Huntsville contains two public-use airports
  • Huntsville is sunny, on average, slightly more than half the time.

Buying a home in Huntsville can be a long process, but with the help of a realtor it shouldn’t be too difficult to find a suitable neighborhood. Also, you may be pleasantly surprised at the pricing of Huntsville homes, since the city boasts some of the most affordable real estate in the nation.

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A REALTORĀ® is a real estate professional who is a member of the National Association of REALTORSĀ®