Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Gravelly Springs area can be challenging. Home prices in Gravelly Springs are now at a median cost of $91,803, lower than the Alabama average of $185,232.
The average cost of rent is $729/mo in Gravelly Springs, primarily driven by the current value of real estate in the Gravelly Springs area. While nearly 71.48% of residents own their homes outright in Gravelly Springs, 2.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Gravelly Springs is $4,336 per month. Households that rent pay about 16.80% of their income on rent here. Gravelly Springs's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rhodesville, AL: higher priced homes
- Wright, AL: higher priced homes
- Threet, AL: higher priced homes
- Waterloo, AL: higher priced homes
- Lane Springs, AL: less expensive homes
- Oakland, AL: higher priced homes
- Lime Kiln, AL: less expensive homes
- Riverton, AL: less expensive homes
- Mansion View, AL: higher priced homes
- Lutts, TN: less expensive homes
Cities with Similar Populations
- Carlisle, NY: higher priced homes
- Tyndall, OH: higher priced homes
- Tooley Corners, PA: higher priced homes
- Tilden, MS: equally priced homes
- Thomas, LA: higher priced homes
- Cobblesville, PA: higher priced homes
- Clarkedale, AR: higher priced homes
- Chapel Hill, MS: higher priced homes
- Chandler Springs, AL: less expensive homes
- Centerville, NY: higher priced homes
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