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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,547 people, 880 houses or apartments, and a median cost of homes of $331,350, Trinity real estate is some of the most expensive in Alabama, although Trinity home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Trinity, accounting for 91.75% of the town's housing units. Other types of housing that are prevalent in Trinity include mobile homes or trailers ( 8.26%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Trinity. Owner-occupied housing accounts for 90.00% of Trinity's homes, and 83.18% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Trinity 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 Trinity built between 2000 and later ( 22.15%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.87%).
Appreciation rates for homes in Trinity have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 105.18%, which ranks in the top 30% nationwide. This equates to an annual average Trinity house appreciation rate of 7.45%.
Appreciation rates are so strong in Trinity that despite a nationwide downturn in the housing market, Trinity real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Trinity appreciation rates continue to be some of the highest in America, at 11.01%, which is higher than appreciation rates in 91.12% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Trinity. Trinity appreciation rates in the latest quarter were at 2.75%, which equates to an annual appreciation rate of 11.48%.
Relative to Alabama, our data show that Trinity's latest annual appreciation rate is higher than 90% of the other cities and towns in Alabama.
$331,350
for Alabama
for nation
880
$1,186 / per month