Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Lipscomb area can be challenging. Home prices in Lipscomb are now at a median cost of $64,351, lower than the Alabama average of $185,232.
The average cost of rent is $746/mo in Lipscomb, primarily driven by the current value of real estate in the Lipscomb area. While nearly 80.18% of residents own their homes outright in Lipscomb, 23.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Lipscomb is $4,097 per month. Households that rent pay about 18.20% of their income on rent here. Lipscomb's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Brighton, AL: equally priced homes
- Midfield, AL: higher priced homes
- Fairfield, AL: higher priced homes
- Dolomite, AL: higher priced homes
- Bessemer, AL: higher priced homes
- Hueytown, AL: higher priced homes
- Pleasant Grove, AL: higher priced homes
- McDonald Chapel, AL: equally priced homes
- Homewood, AL: higher priced homes
- Hoover, AL: higher priced homes
Cities with Similar Populations
- Cascade, WI: higher priced homes
- Taylor Ridge, IL: higher priced homes
- Stinnett, TX: higher priced homes
- Startzville, TX: higher priced homes
- Wappapello, MO: higher priced homes
- Cusseta, AL: higher priced homes
- Conneaut Lake, PA: higher priced homes
- Wellington, TX: equally priced homes
- Chaptico, MD: higher priced homes
- Worthington, IN: higher priced homes
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