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These days, finding an affordable place to live in the Goodwater area can be challenging. Home prices in Goodwater are now at a median cost of $104,985, lower than the Alabama average of $228,911.
The average cost of rent is $681/mo in Goodwater, primarily driven by the current value of real estate in the Goodwater area. In Goodwater, 23.69% of households rent, and 68.61% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Goodwater is $4,425 per month. Households that rent pay about 15.38% of their income on rent here. Goodwater’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Parkdale, AL: higher priced homes
- Soleo, AL: less expensive homes
- Shady Grove, AL: higher priced homes
- Hollins, AL: less expensive homes
- Pinkneyville, AL: higher priced homes
- Hackneyville, AL: equally priced homes
- Kellyton, AL: equally priced homes
- Overbrook, AL: higher priced homes
- Millerville, AL: higher priced homes
- Alexander City, AL: higher priced homes
Cities with Similar Populations
- Ponce Inlet, FL: higher priced homes
- Afton, WY: higher priced homes
- Holt, FL: higher priced homes
- Lena, IL: higher priced homes
- Lisbon, IA: higher priced homes
- Lockbourne, OH: higher priced homes
- Mazomanie, WI: higher priced homes
- Millington, NJ: higher priced homes
- Netcong, NJ: higher priced homes
- Highlands, NC: higher priced homes
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