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Affordable
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These days, finding an affordable place to live in the Masterson Mill area can be challenging. Home prices in Masterson Mill are now at a median cost of $209,948, lower than the Alabama average of $228,911.
The average cost of rent is $928/mo in Masterson Mill, primarily driven by the current value of real estate in the Masterson Mill area. In Masterson Mill, 14.08% of households rent, and 67.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Masterson Mill is $5,248 per month. Households that rent pay about 17.68% of their income on rent here. Masterson Mill’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Moulton, AL: equally priced homes
- Mountain Home, AL: less expensive homes
- Wren, AL: equally priced homes
- Landersville, AL: equally priced homes
- Courtland, AL: less expensive homes
- Hillsboro, AL: less expensive homes
- Town Creek, AL: less expensive homes
- Trinity, AL: equally priced homes
- Fish Pond, AL: less expensive homes
- North Courtland, AL: less expensive homes
Cities with Similar Populations
- Mount Vernon, KS: higher priced homes
- Post Mills, VT: higher priced homes
- Peak, SC: higher priced homes
- Palmersville, TN: less expensive homes
- Norman, AR: less expensive homes
- Nisqually Indian Community, WA: higher priced homes
- Newry, SC: higher priced homes
- Newhope, AR: less expensive homes
- New Petersburg, OH: less expensive homes
- New Berlin, TX: higher priced homes
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