Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Nanafalia area can be challenging. Home prices in Nanafalia are now at a median cost of $80,323, lower than the Alabama average of $185,232.
The average cost of rent is $720/mo in Nanafalia, primarily driven by the current value of real estate in the Nanafalia area. While nearly 67.92% of residents own their homes outright in Nanafalia, 15.41% rent.
Housing affordability isn’t just about home prices, though. The average household income in Nanafalia is $3,853 per month. Households that rent pay about 18.70% of their income on rent here. Nanafalia's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Myrtlewood, AL: less expensive homes
- Tompkinsville, AL: equally priced homes
- Sweet Water, AL: less expensive homes
- Miller, AL: higher priced homes
- Octagon, AL: higher priced homes
- Wayne, AL: less expensive homes
- Linden, AL: higher priced homes
- Pennington, AL: less expensive homes
- Magnolia, AL: equally priced homes
- Lavaca, AL: higher priced homes
Cities with Similar Populations
- Stroud, AL: higher priced homes
- Hergett, AR: higher priced homes
- Hesstown, NJ: higher priced homes
- Hiattville, KS: higher priced homes
- Hickox, PA: higher priced homes
- Highfalls, NC: higher priced homes
- Stoddartsville, PA: higher priced homes
- Stoneham, CO: higher priced homes
- Stoneman Lake, AZ: higher priced homes
- Strawberry, CA: higher priced homes
All Local Stats
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