Building for the future in Huntsville’s District 5

Building for the future in Huntsville’s District 5

By Lucy Berry DeButy

Huntsville City Blog

Huntsville is synonymous with progress – and the City’s District 5 is no exception.

The newly released Huntsville Development Review, an in-depth look of the City’s construction and real estate data for 2022, showcases Huntsville’s trajectory of growth as the largest city by population in Alabama. Featuring data obtained from City records and the North Alabama Multiple Listing Service, the review provides all the information you’ll need as a buyer, seller or builder in the Rocket City.

Want a deeper dive into D5’s data? See below:

Residential

  • 2,824 housing units were issued building permits in 2022.
  • 1,570 housing units were issued certificates of occupancy.
  • Active residential construction areas included Greenbrier, MidCity and Providence.
  • 106 permits for single-family residential additions and alterations were permitted. The neighborhoods with the most additions and alterations were Lake Forest and Edgewater.
  • There are 40 apartment complexes, with a total of 9,613 units, under construction or proposed in D5.

Real Estate

  • 860 single-family homes were sold in D5 last year.
  • The average sales price for a single-family home increased by 14.% between 2021-2022, to $382,473.

Commercial

  • 281 non-residential permits were issued in D5 last year.

Investments