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These days, finding an affordable place to live in the Mellow Valley area can be challenging. Home prices in Mellow Valley are now at a median cost of $155,100, lower than the Alabama average of $228,911.
The average cost of rent is $595/mo in Mellow Valley, primarily driven by the current value of real estate in the Mellow Valley area. In Mellow Valley, 8.35% of households rent, and 86.25% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mellow Valley is $5,756 per month. Households that rent pay about 10.34% of their income on rent here. Mellow Valley’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Cragford, AL: equally priced homes
- Gibsonville, AL: equally priced homes
- Sikesville, AL: equally priced homes
- Goldville, AL: less expensive homes
- Ashland, AL: equally priced homes
- Daviston, AL: less expensive homes
- Harkins Crossroads, AL: equally priced homes
- Dickert, AL: higher priced homes
- New Site, AL: less expensive homes
- Millerville, AL: equally priced homes
Cities with Similar Populations
- Tennille, FL: higher priced homes
- Beck, TX: less expensive homes
- Becker, MS: equally priced homes
- Belden, CA: higher priced homes
- Bellview, NM: higher priced homes
- Belvedere, OH: equally priced homes
- Benson, NY: higher priced homes
- Bethany, KY: less expensive homes
- Bethel, TN: equally priced homes
- Bill, WY: higher priced homes
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