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Affordable
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These days, finding an affordable place to live in the Laceys Spring area can be challenging. Home prices in Laceys Spring are now at a median cost of $189,390, lower than the Alabama average of $228,911.
The average cost of rent is $563/mo in Laceys Spring, primarily driven by the current value of real estate in the Laceys Spring area. In Laceys Spring, 15.85% of households rent, and 64.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laceys Spring is $8,149 per month. Households that rent pay about 6.91% of their income on rent here. Laceys Spring’s most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Valhermoso Springs, AL: less expensive homes
- Morgan City, AL: higher priced homes
- Union Grove, AL: higher priced homes
- Somerville, AL: equally priced homes
- Winton, AL: less expensive homes
- Triana, AL: higher priced homes
- Echols Crossroads, AL: higher priced homes
- Owens Cross Roads, AL: higher priced homes
- Willowbrook, AL: higher priced homes
- Scant City, AL: higher priced homes
Cities with Similar Populations
- Willington, CT: higher priced homes
- Weaver, AL: less expensive homes
- Webberville, MI: higher priced homes
- Wellsville, UT: higher priced homes
- Winona Lake, IN: higher priced homes
- West Bradenton, FL: higher priced homes
- Windsor Heights, IA: higher priced homes
- West Hazleton, PA: less expensive homes
- Wilmer, TX: equally priced homes
- Williston, SC: less expensive homes
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