Huntsville Real Estate Market 2021: Housing Forecast & Predictions

2021 Housing Market Overview

Huntsville Real Estate Market 2021

Huntsville Real Estate Market Overview

Metro Population: 472k

Median Household Income:$54,000

Unemployment Rate:4.5%

Median Home Price*:$203,000

Median Monthly Rent*:$1,350

Should You Buy Rental Property in the Huntsville Real Estate Market in 2021?

Interested in investing in the Huntsville real estate market in 2021? On this page you’ll learn about housing market trends and statistics to help you make that decision.

About Huntsville

The fourth-largest city in Alabama, Huntsville is just a 90-mile drive on the I-65 heading north from Birmingham. Founded in 1811, Huntsville is known for its rich Southern heritage and a legacy of space missions. Huntsville actually earned the nickname “The Rocket City” during the 1960s when the Saturn V rocket was developed at Marshall Space Flight Center, which later made it possible for Neil Armstrong and Buzz Aldrin to walk on the moon.

Today, Huntsville is one of the most well known cities in the Southeast part of the country. USA Today touted Huntsville as “one of the top communities leading the economic recovery,” while Money magazine named it “one of the nation’s most affordable cities.”

Huntsville is well known for its technology, space, and defense industries. The top employer is the military with over 31,000 jobs at Redstone Arsenal. NASA Marshall Space Flight Center is the next largest employer. The city is also home to several Fortune 500 companies, which provide a broad base of manufacturing, retail, and service industries to the area.

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Major Employers in Huntsville

Huntsville Housing Market News

  • "#4 in Lowest Cost of Living " - Business Insider
  • "#10 Best City to Buy a House" - Niche
  • "Things to do in Huntsville" -
  • "#23 Best Place To Rent" - WalletHub, July 2018
  • "#7 Best Place To Live" - U.S. News, April 2018
  • "#2 Up & Coming Tech Hotspots" - Livability, September 2018
  • "#1 of The Best Places to Live in America’s New Tech Hubs" - Trulia, February 2018

Property Teams

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Sample properties

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Disclaimer: The information provided on this page is for educational purposes only. RealWealth makes no warranty or representation as to the accuracy, completeness or reliability of this information. Please be advised that this content may contain errors, is subject to revision at all times, and should not be relied upon for any purpose. Under no circumstances shall RealWealth be liable to you or anyone else for damage stemming from the use or misuse of this information.