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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Phil Campbell, AL Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Phil Campbell, AL Housing Market Trends

With 983 people, 357 houses or apartments, and a median cost of homes of $197,041, house prices in Phil Campbell are solidly below the national average.

Single-family detached homes are the single most common housing type in Phil Campbell, accounting for 55.48% of the town's housing units. Other types of housing that are prevalent in Phil Campbell include mobile homes or trailers ( 21.08%), duplexes, homes converted to apartments or other small apartment buildings ( 12.04%), and a few large apartment complexes or high rise apartments ( 9.46%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Phil Campbell. Owner-occupied housing accounts for 69.75% of Phil Campbell's homes, and 66.67% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Phil Campbell built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Phil Campbell built between 2000 and later ( 33.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.48%). There's also some housing in Phil Campbell built before 1939 ( 6.88%).

Vacant housing appears to be an issue in Phil Campbell. Fully 23.23% of the housing stock is classified as vacant. Left unchecked, vacant Phil Campbell homes and apartments can be a drag on the real estate market, holding Phil Campbell real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Phil Campbell Home Appreciation Rates

Appreciation rates for homes in Phil Campbell have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 103.76%, which ranks in the top 40% nationwide. This equates to an annual average Phil Campbell house appreciation rate of 7.38%.

Over the last year, Phil Campbell appreciation rates have trailed the rest of the nation. In the last twelve months, Phil Campbell's appreciation rate has been 3.16%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Phil Campbell were at -1.79%, which equates to an annual appreciation rate of -6.98%.

Notably, Phil Campbell's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Alabama, our data show that Phil Campbell's latest annual appreciation rate is lower than 50% of the other cities and towns in Alabama.

Average Home Values

Median Home Value

$197,041

Phil Campbell, AL Home Prices
> $1,462,000
$1,097,001 - $1,462,000
$731,001 - $1,097,000
$585,001 - $731,000
$439,001 - $585,000
$292,001 - $439,000
$146,001 - $292,000
$73,001 - $146,000
$0 - $73,000
0.0%
0.0%
0.0%
0.0%
0.5%
0.5%
0.6%
0.6%
0.1%
0.1%
13.6%
13.6%
50.0%
50.0%
18.9%
18.9%
16.3%
16.3%
0% 100.0%
% of Homes
Average

for Alabama

Low

for nation

Number of Homes And Apartments:

357

Phil Campbell Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,241 / per month

Homeownership Rate

Owners
Renters
69.7%
69.7%
30.3%
30.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
23.2%
23.2%
76.8%
76.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
33.8%
33.8%
43.9%
43.9%
15.5%
15.5%
6.9%
6.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
55.5%
55.5%
1.9%
1.9%
12.0%
12.0%
9.5%
9.5%
21.1%
21.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.1%
1.1%
7.5%
7.5%
24.7%
24.7%
57.6%
57.6%
9.0%
9.0%
0.0%
0.0%
0% 100.0%
% of Homes