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Affordable
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These days, finding an affordable place to live in the Fredonia area can be challenging. Home prices in Fredonia are now at a median cost of $169,570, lower than the Alabama average of $228,911.
The average cost of rent is $678/mo in Fredonia, primarily driven by the current value of real estate in the Fredonia area. In Fredonia, 14.30% of households rent, and 61.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fredonia is $5,493 per month. Households that rent pay about 12.34% of their income on rent here. Fredonia’s most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Five Points, AL: equally priced homes
- Long Cane, GA: higher priced homes
- Standing Rock, AL: less expensive homes
- Stroud, AL: equally priced homes
- North West Point, GA: less expensive homes
- Lanett, AL: less expensive homes
- Antioch, GA: higher priced homes
- Chapel Hill, AL: less expensive homes
- Lafayette, AL: less expensive homes
- Gray Hill, GA: higher priced homes
Cities with Similar Populations
- Hartsburg, IL: less expensive homes
- Shortly, DE: higher priced homes
- Shoal Creek, GA: higher priced homes
- Seville, GA: less expensive homes
- Second Milo, NY: higher priced homes
- Seaton, IL: less expensive homes
- Sandgap, KY: less expensive homes
- Samoa, CA: higher priced homes
- Havensville, KS: higher priced homes
- Hatchechubbee, AL: less expensive homes
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