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Affordable
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These days, finding an affordable place to live in the Excel area can be challenging. Home prices in Excel are now at a median cost of $155,780, lower than the Alabama average of $228,911.
The average cost of rent is $704/mo in Excel, primarily driven by the current value of real estate in the Excel area. In Excel, 21.77% of households rent, and 57.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Excel is $4,382 per month. Households that rent pay about 16.07% of their income on rent here. Excel’s most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mexia Crossing, AL: less expensive homes
- Frisco City, AL: less expensive homes
- Monroeville, AL: less expensive homes
- Repton, AL: less expensive homes
- Megargel, AL: less expensive homes
- Mexia, AL: less expensive homes
- Fountain, AL: less expensive homes
- Range, AL: less expensive homes
- Perdue Hill, AL: less expensive homes
- Nichburg, AL: higher priced homes
Cities with Similar Populations
- Atkinson, NE: higher priced homes
- Warrensville, NC: higher priced homes
- Waterman, IL: higher priced homes
- Coosada, AL: equally priced homes
- Comanche, OK: less expensive homes
- Coal City, WV: less expensive homes
- Center Village, OH: higher priced homes
- Burnsville, MS: less expensive homes
- Blue Mounds, WI: higher priced homes
- Big Rock, TN: higher priced homes
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