OPELIKA HOUSING MARKET INFORMATION With 33,572 people, 13,121 houses or apartments, and a median cost of homes of $305,839, Opelika real estate is some of the most expensive in Alabama, although Opelika home values aren't among America's most expensive. Single-family detached homes are the single most common housing type in Opelika, accounting for 67.68% of the city's housing units. Other types of housing that are prevalent in Opelika include mobile homes or trailers ( 12.46%), large apartment complexes or high rise apartments ( 9.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.58%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Opelika. Owner-occupied housing accounts for 67.50% of Opelika's homes, and 66.57% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Opelika 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 Opelika built between 2000 and later ( 37.38%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.11%). There's also some housing in Opelika built before 1939 ( 4.32%). OPELIKA HOME APPRECIATION RATES Real estate appreciation rates in Opelika's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.51% during the period. Over the last year, Opelika appreciation rates have trailed the rest of the nation. In the last twelve months, Opelika's appreciation rate has been 2.06%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Opelika were at 0.89%, which equates to an annual appreciation rate of 3.59%. Relative to Alabama, our data show that Opelika's latest annual appreciation rate is lower than 90% of the other cities and towns in Alabama. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Opelika differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Opelika - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Opelika real estate investment or home purchase decisions.