Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Peavy area can be challenging. Home prices in Peavy are now at a median cost of $186,286, lower than the Alabama average of $228,911.
The average cost of rent is $783/mo in Peavy, primarily driven by the current value of real estate in the Peavy area. In Peavy, 13.37% of households rent, and 63.12% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Peavy is $4,763 per month. Households that rent pay about 16.44% of their income on rent here. Peavy’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
- Pooles Crossroad, AL: equally priced homes
- Forester Chapel, AL: higher priced homes
- Roanoke, AL: less expensive homes
- Wadley, AL: higher priced homes
- Cornhouse, AL: equally priced homes
- Taylors Crossroads, AL: less expensive homes
- Dickert, AL: higher priced homes
- Moores Crossroads, AL: less expensive homes
- Bacon Level, AL: less expensive homes
- White Signboard Crossroad, AL: higher priced homes
Cities with Similar Populations
- Staley Crossroads, VA: equally priced homes
- Ironton, IN: equally priced homes
- Irvington, IA: equally priced homes
- Isleta Village Proper, NM: less expensive homes
- Jacobia, TX: equally priced homes
- Jacques, ID: higher priced homes
- Johnsburg, MN: higher priced homes
- Jonesboro Crossing, NC: less expensive homes
- Jordan, WV: equally priced homes
- St. Joseph, IA: higher priced homes
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