It is quite evident that Huntsville's housing market is well-established. With its consistently increasing population and diversified but specialized sector, it only increases the demand for real estate with time.
However, you need to be aware of specific real estate data and the rest of the city's economic and demographic backdrop if you plan to invest in Huntsville's real estate market.
A dynamic combination of commercial and public industry sectors, such as aerospace, defense, technology, and education, are what powers Huntsville's economy. Huntsville provides a consistent flow of students looking for off-campus accommodations, which is an added plus for landlords.
Huntsville's rapid population and employment growth, low cost, and excellent standard of living all contribute to the city's continued reputation as a wise investment in real estate.
We at APM Leasing & Management will discuss the best neighborhoods in Huntsville in this article so you can decide where to invest in real estate. You'll discover which areas of Huntsville are the most promising as an investor.
Madison
One of the most desired neighborhoods has to be Madison. It's only 12 miles southwest of the city and has a considerably more rural atmosphere. The city of Madison is known for having a lot of green space, new eateries, stores, and other retail locations always opening.
Most homes in Madison fall into the highest price ranges and are typically newer and more expensive. The neighborhood school system is also helpful. Madison City Schools is one of the top 50 school districts in the nation and would undoubtedly pique the interest of many prospective tenants.
Madison is a can't-miss if you want to invest in reduced risk properties in the Huntsville area. Residents will be lined up because of the high median household income, high median rent, and highly desired schools.
West Huntsville
West Huntsville might be swiftly becoming the city's small business center. This community, supported by businesses like Yellowhammer Brewing, combines the rural Huntsville charm with a growing commercial presence made possible by the area's affordable real estate.
West Huntsville can be your best option if you're looking to start a business and want to live in a large, open area. You can bet the new constructions will drive up the cost of residential real estate as soon as the powerful learn about the enterprises sprouting up here. Enter ahead of them.
Hazel Green
Due to the popularity of the Blue Waters Spring Park and the Hazel Green Amusement Park, which both have ultra-modern playgrounds and water park amenities, Hazel Green has earned the unofficial moniker of "Huntsville Home of Parks."
A tourist community has been drawn to the area by the pleasant weather and the nearby shopping, and a residential community will undoubtedly follow. Of all the communities discussed, this one has one of the lowest median home prices and may have more amenities nearby.
With a current median property price, Huntsville offers a good standard of living and a lot of potential for future gains. The desire is already present, so you don't want to wait until rent appreciation rates start to rise before making a purchase.
Living in Hazel Green is hard to surpass for the growing student and aspiring professional because of the beautiful weather, abundance of economic opportunities, and low prices.
Athens
Only 35 miles separate the suburb of Athens from the center of the city. Athens State University and Athens Limestone Hospital are attractions for potential tenants.
Athens is ranked among the greatest locations to retire, the finest suburbs to live in, and the best suburbs for young professionals when compared to other Alabama cities. It combines the convenience of nearby major cities with a peaceful, picturesque way of life. What is there to dislike?
Athens presents a tempting option for real estate investors interested in the Huntsville region, with one-third of people choosing to rent and local fixtures creating persistent demand. In Athens, an investor-friendly agent may indicate desirable areas, suitable residences, and even off-market offers.
New Market
As a neighborhood close to the airport, New Market has the potential to see a boost in property value at any time. The region needs an increase in traffic brought on by an industry.
The next green-focused, alternative energy effort could bring the firm that propels the adjacent neighborhoods into prominence thanks to the Huntsville innovation and engineering industries' hub proximity. People living here can enjoy life in the many parks in the region even before it happens.
Due to its unusually urban attention to its streets and community services, businessmen are drawn to the New Market neighborhood. Although the neighborhood is rural, the streets are not.
Decatur
There are many options in the close-by suburbs of the Huntsville metropolitan area if you're interested in investing just outside the city. One of the biggest cities in the Huntsville region is Decatur. It is known as the River City and is 26 miles southeast of the main Huntsville area. It borders beautiful Wheeler Lake.
Compared to Huntsville itself, Decatur has a more suburban vibe, making it a potential top investment location. You can decide whether Decatur is the ideal location for you with the assistance of a local professional with in-depth market expertise.
Why APM Leasing & Management?
To ensure that we meet the specific demands of each client, we at APM Leasing & Management provide special services and personalized packages. We are experts at managing complex properties, single-family residences, and multi-family dwellings. Therefore, you can relax knowing that you can handle it, regardless of the investment portfolio size!
Our objective is to use our knowledge to ensure that your real estate firm operates efficiently and affordably. Our team of capable property managers diligently pursues all of your demands, those of your renters, and the needs of your property. Reach us through our email info@apmalabama.com or through 256-309-7556. We've got all the services you need.