Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hanceville area can be challenging. Home prices in Hanceville are now at a median cost of $135,679, lower than the Alabama average of $185,232.
The average cost of rent is $742/mo in Hanceville, primarily driven by the current value of real estate in the Hanceville area. While nearly 50.53% of residents own their homes outright in Hanceville, 30.87% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanceville is $3,834 per month. Households that rent pay about 19.34% of their income on rent here. Hanceville's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Garden City, AL: equally priced homes
- Red Hill, AL: higher priced homes
- Bethel, AL: higher priced homes
- Good Hope, AL: equally priced homes
- North Walter, AL: less expensive homes
- Dodge City, AL: equally priced homes
- Cullman, AL: higher priced homes
- Gum Springs, AL: equally priced homes
- Walter, AL: higher priced homes
- Mountain Grove, AL: equally priced homes
Cities with Similar Populations
- Abingdon, MD: higher priced homes
- Abita Springs, LA: higher priced homes
- Acushnet, MA: higher priced homes
- Aibonito, PR: less expensive homes
- Airmont, NY: higher priced homes
- Airway Heights, WA: higher priced homes
- Albion, MI: less expensive homes
- North Wantagh, NY: higher priced homes
- Oakvale, WV: less expensive homes
- Oaklyn, NJ: higher priced homes
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