Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lightwood area can be challenging. Home prices in Lightwood are now at a median cost of $187,824, higher than the Alabama average of $185,232.
The average cost of rent is $984/mo in Lightwood, primarily driven by the current value of real estate in the Lightwood area. While nearly 67.07% of residents own their homes outright in Lightwood, 16.58% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lightwood is $7,136 per month. Households that rent pay about 13.79% of their income on rent here. Lightwood's most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Titus, AL: higher priced homes
- Speed, AL: higher priced homes
- Pine Flat, AL: equally priced homes
- Holtville, AL: higher priced homes
- Marbury, AL: less expensive homes
- Verbena, AL: less expensive homes
- Hissop, AL: higher priced homes
- New Prospect, AL: less expensive homes
- Equality, AL: higher priced homes
- Santuck, AL: less expensive homes
Cities with Similar Populations
- Villa Ridge, IL: less expensive homes
- Dilltown, PA: less expensive homes
- Dinosaur, CO: higher priced homes
- Dixie, MS: higher priced homes
- Donnally Mills, PA: equally priced homes
- Dorchester, IA: less expensive homes
- Dos Rios, CA: higher priced homes
- Union Water Works, PA: higher priced homes
- Upton, TX: equally priced homes
- Varney, MT: higher priced homes
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