Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Needham area can be challenging. Home prices in Needham are now at a median cost of $57,200, lower than the Alabama average of $185,232.
The average cost of rent is $539/mo in Needham, primarily driven by the current value of real estate in the Needham area. While nearly 77.21% of residents own their homes outright in Needham, 13.24% rent.
Housing affordability isn’t just about home prices, though. The average household income in Needham is $2,056 per month. Households that rent pay about 26.22% of their income on rent here. Needham's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Land, AL: equally priced homes
- Toxey, AL: higher priced homes
- Water Valley, AL: higher priced homes
- Hodgewood, AL: higher priced homes
- Melvin, AL: higher priced homes
- Gilbertown, AL: higher priced homes
- Wimberly, AL: higher priced homes
- Pleasant Hill, AL: higher priced homes
- Cromwell, AL: higher priced homes
- Crandall, MS: higher priced homes
Cities with Similar Populations
- Charley, KY: higher priced homes
- Wauconda, WA: higher priced homes
- Wadena, IA: higher priced homes
- Van Wert, IA: higher priced homes
- Unger, WV: higher priced homes
- Trego, MT: higher priced homes
- Thomson, MN: higher priced homes
- Dott, PA: higher priced homes
- Cowgill, MO: higher priced homes
- Cottage Hill, FL: higher priced homes
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