Black, AL

Real estate in Black, Alabama is a hot commodity. The city has seen an influx of people and businesses in recent years, which has led to an increase in the demand for housing and commercial space. According to the 2010 U.S. Census, Black had a population of 20,898. This number has since increased by over 10%, making it one of the fastest-growing cities in Alabama.

The city's growing population has led to an increase in real estate prices and demand for rental properties and commercial spaces. In addition, there is a growing interest in purchasing homes within the city limits. According to Zillow, the median home value within Black was $101,500 as of September 2017. This is significantly higher than the statewide median home value of $76,200 and indicates that there is strong demand for residential property within Black.

One reason for this high demand may be due to Black's proximity to major metropolitan areas such as Birmingham and Montgomery. Additionally, many businesses are moving into or expanding into the city limits, which increases demand for office space and retail stores. As a result of these factors, real estate prices have increased significantly over the past few years; according to Zillow data from August 2017, the median home value within Black was $137K compared to $101K just two years earlier!

Despite these high prices however, there are still opportunities available for buyers looking to purchase or lease property in Black. The city's growing population means that there are plenty of new homes being built; according to Trulia data from October 2017 there were 2 new listings available per day within Black! Additionally, many existing homes are being renovated or updated which can lead to significant price increases if done correctly (for example adding new windows or appliances). Finally, although commercial space is scarce relative to other areas of Alabama (particularly outside of major metropolitan areas), there are still opportunities available if you know where to look; according to CoStar data from October 2017 there were 1 active leases listed within 1 mile of downtown Black!