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These days, finding an affordable place to live in the Pansey area can be challenging. Home prices in Pansey are now at a median cost of $114,216, lower than the Alabama average of $228,911.
The average cost of rent is $755/mo in Pansey, primarily driven by the current value of real estate in the Pansey area. In Pansey, 20.66% of households rent, and 53.24% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pansey is $4,660 per month. Households that rent pay about 16.21% of their income on rent here. Pansey’s most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gordon, AL: equally priced homes
- Dupree, AL: higher priced homes
- Ashford, AL: higher priced homes
- Grangeburg, AL: equally priced homes
- Barber, AL: higher priced homes
- Avon, AL: higher priced homes
- Cowarts, AL: higher priced homes
- Jakin, GA: less expensive homes
- Cottonwood, AL: higher priced homes
- Webb, AL: higher priced homes
Cities with Similar Populations
- Stone Harbor, NJ: higher priced homes
- Gilbertsville, NY: higher priced homes
- Gleneden Beach, OR: higher priced homes
- Glenwood, IN: higher priced homes
- Glenwood, MI: higher priced homes
- Glyndon, MD: higher priced homes
- Golden, ID: higher priced homes
- Goldonna, LA: less expensive homes
- Goldsboro, PA: higher priced homes
- Stollings, WV: less expensive homes
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