Home Price Key
Affordable
Average
Expensive
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 $90,160, lower than the Alabama average of $185,232.
The average cost of rent is $829/mo in Peavy, primarily driven by the current value of real estate in the Peavy area. While nearly 70.61% of residents own their homes outright in Peavy, 14.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Peavy is $3,884 per month. Households that rent pay about 21.34% 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.
Nearby Cities
- Pooles Crossroad, AL: less expensive homes
- Forester Chapel, AL: higher priced homes
- Roanoke, AL: higher priced homes
- Wadley, AL: higher priced homes
- Cornhouse, AL: higher priced homes
- Taylors Crossroads, AL: higher priced 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: higher priced homes
- Ironton, IN: higher priced homes
- Irvington, IA: higher priced homes
- Isleta Village Proper, NM: equally priced homes
- Jacobia, TX: higher priced homes
- Jacques, ID: higher priced homes
- Johnsburg, MN: higher priced homes
- Jonesboro Crossing, NC: equally priced homes
- Jordan, WV: higher priced homes
- St. Joseph, IA: higher priced homes
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