Huntsville’s Growing Real Estate Market: Key Stats Every Investor Should Know
Huntsville, Alabama, has experienced significant growth in recent years, making it an attractive destination for real estate investors. As of July 1, 2024, the city's estimated population reached 241,114, reflecting a steady increase from 235,204 in 2023 and 227,529 in 2022. This upward trend indicates a robust demand for housing and rel
The city's expansion is also evident in its geographical footprint. In 2023, Huntsville covered 226.59 square miles, up from 225.07 square miles in 2022 and 220.72 square miles in 2020. This growth suggests ongoing development and opportunities for real estat
Housing development has kept pace with population growth. By 2024, the estimated number of housing units in Huntsville was 115,260, an increase from 110,663 in 2023 and 100,391 in 2020. This consistent rise in housing units highlights a thriving real estate market with potential
For investors, these statistics underscore Huntsville's dynamic growth and the expanding opportunities within its real estate sector. The combination of increasing population, expanding city limits, and a growing number of housing units positions Huntsville as a promising market for real estate investment.
Data sourced from Huntsville Statistics Portal.
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224 Rhett Ave SW STE A, Huntsville, AL, 35801, United States