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These days, finding an affordable place to live in the Phillipsville area can be challenging. Home prices in Phillipsville are now at a median cost of $246,165, higher than the Alabama average of $228,911.
The average cost of rent is $942/mo in Phillipsville, primarily driven by the current value of real estate in the Phillipsville area. In Phillipsville, 13.43% of households rent, and 44.94% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Phillipsville is $9,082 per month. Households that rent pay about 10.37% of their income on rent here. Phillipsville’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Dyas, AL: equally priced homes
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- McDavid, FL: less expensive homes
- Bratt, FL: equally priced homes
Cities with Similar Populations
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- Harmans, MD: higher priced homes
- Harcuvar, AZ: less expensive homes
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