Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gravel Hill area can be challenging. Home prices in Gravel Hill are now at a median cost of $94,588, lower than the Alabama average of $185,232.
The average cost of rent is $630/mo in Gravel Hill, primarily driven by the current value of real estate in the Gravel Hill area. While nearly 61.06% of residents own their homes outright in Gravel Hill, 31.93% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gravel Hill is $3,752 per month. Households that rent pay about 16.79% of their income on rent here. Gravel Hill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Russellville, AL: higher priced homes
- Reedtown, AL: less expensive homes
- Rockwood, AL: higher priced homes
- Isbell, AL: higher priced homes
- Hester Heights, AL: higher priced homes
- Spruce Pine, AL: higher priced homes
- Littleville, AL: higher priced homes
- Frankfort, AL: higher priced homes
- Jonesboro, AL: higher priced homes
- Phil Campbell, AL: equally priced homes
Cities with Similar Populations
- Campbell, NE: less expensive homes
- Whitlock, TN: higher priced homes
- White Pine, MT: higher priced homes
- Wheatley, KY: less expensive homes
- West Potsdam, NY: equally priced homes
- Clifford, KY: less expensive homes
- Clear Springs, MO: higher priced homes
- Chebeague Island, ME: higher priced homes
- Chassahowitzka, FL: equally priced homes
- Charlotteville, NY: higher priced homes
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