The housing market in Anniston continues to see strong price appreciation, with values up 32.1% compared to last year. Home prices have decreased 5.1% in the past month. With 3.9 months of supply, Anniston's inventory levels remain relatively tight. Sales volume is down 32% compared to seasonal expectations. A significant 24.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Anniston market with the affordability index at 53.5. Looking ahead, the Anniston market is expected to maintain its current trajectory with relatively stable conditions.
Anniston, AL has a total population of 22,614 residents. White residents make up 41.7% of the population, African American residents comprise 49.8% of the community. This creates a relatively diverse demographic makeup for the area. As a smaller community, Anniston, AL offers a close-knit residential environment.
Crime analysis for Anniston, AL shows 365 total incidents across all categories. The most prevalent crime type is Assault (49.6% of all incidents). This is followed by Property Crime at 42.7%. The crime rate in Anniston, AL is relatively low, with violent crimes being more common than property crimes. While crime exists, Anniston, AL maintains reasonable safety levels for most residents.
Market predictions for Anniston, AL show relatively stable home prices with minimal change (-1.5%) over the recent period. This suggests a gradual price adjustment in the market. The current median home price in Anniston, AL is approximately $184,442.543. The stable price trend suggests a balanced market in Anniston, AL, suitable for both buyers and sellers.
Anniston, AL features 1 investment hotspots with varying levels of activity. The low average nightly rate of $63 indicates a budget-friendly market. The average rating of 3.1/5 suggests room for improvement in guest experience. With an average hotspot score of 0.65, these areas show good investment opportunities. With only 3 hotels, this represents an emerging market with potential for growth.
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