Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Prospect area can be challenging. Home prices in New Prospect are now at a median cost of $163,041, lower than the Alabama average of $185,232.
The average cost of rent is $1,004/mo in New Prospect, primarily driven by the current value of real estate in the New Prospect area. While nearly 48.51% of residents own their homes outright in New Prospect, 12.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Prospect is $4,028 per month. Households that rent pay about 24.92% of their income on rent here. New Prospect's most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Marbury, AL: less expensive homes
- Pine Flat, AL: higher priced homes
- Poseys Crossroads, AL: equally priced homes
- Verbena, AL: less expensive homes
- Haynes, AL: higher priced homes
- Deatsville, AL: equally priced homes
- Stoney Point, AL: higher priced homes
- Billingsley, AL: higher priced homes
- Lightwood, AL: higher priced homes
- Kincheon, AL: less expensive homes
Cities with Similar Populations
- West Bethel, ME: higher priced homes
- Chicopee, KS: less expensive homes
- Chicora, MS: less expensive homes
- Chita, TX: less expensive homes
- Chuichu, AZ: less expensive homes
- Chula, MO: less expensive homes
- Corona, SD: higher priced homes
- Corry, MO: equally priced homes
- West Lima, WI: equally priced homes
- West Kennebunk, ME: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood