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Updated almost 7 years ago on . Most recent reply

User Stats

297
Posts
220
Votes
Gorden Lopes
  • Rental Property Investor
  • Fremont, CA
220
Votes |
297
Posts

Need insights on Huntsville suburb - new market AL, 35761

Gorden Lopes
  • Rental Property Investor
  • Fremont, CA
Posted

Hi folks!

Finally, after some searching, I have found property in New Market, AL 35761 area that looks interesting and I am planning to put an offer.

Based on my limited research it looks like a class B+ neighborhood with good schools. city-data site shows that the median income is well above average and there is a high percentage of owner occupancy plus the rental vacancy is around 9%.

All my research is based off internet which really can't give the complete picture and I would love to hear from folks who actually stay in Huntsville and get their inside scoop on the area.

Would really appreciate if folks can provide their knowledge about the new market area.

Regards,

Gorden 

  • Gorden Lopes
  • Most Popular Reply

    User Stats

    59
    Posts
    48
    Votes
    John White
    • Realtor
    • Huntsville, AL
    48
    Votes |
    59
    Posts
    John White
    • Realtor
    • Huntsville, AL
    Replied

    I really don't know if there will be appreciation in New Market or not - I really don't know much about it.  I'd assume most residents in New Market work in HSV and if HSV grows & if New Market has desirable homes with good school districts it will grow too. I do like Meridianville for rentals and it isn't too far away....

    The new plants like Toyota, GE, etc are going in the area west of Madison - near Greenbrier.  That's the growth I was talking about.

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