Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Pratts area can be challenging. Home prices in Pratts are now at a median cost of $113,797, lower than the Alabama average of $185,232.
The average cost of rent is $701/mo in Pratts, primarily driven by the current value of real estate in the Pratts area. While nearly 58.05% of residents own their homes outright in Pratts, 32.04% rent.
Housing affordability isn’t just about home prices, though. The average household income in Pratts is $3,478 per month. Households that rent pay about 20.15% of their income on rent here. Pratts's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Clayton, AL: less expensive homes
- Louisville, AL: equally priced homes
- Mount Andrew, AL: higher priced homes
- Tyler Crossroads, AL: equally priced homes
- Smuteye, AL: higher priced homes
- Texasville, AL: less expensive homes
- Clio, AL: less expensive homes
- Josie, AL: equally priced homes
- Bakerhill, AL: less expensive homes
- Banks, AL: higher priced homes
Cities with Similar Populations
- Waterbury, NE: higher priced homes
- Bladen, NE: equally priced homes
- Blount, WV: less expensive homes
- Bolinger, LA: higher priced homes
- Borderland, WV: less expensive homes
- Boss, MO: equally priced homes
- Bottom, NC: higher priced homes
- Bradfordton, IL: higher priced homes
- Brandt, SD: higher priced homes
- Branstad, WI: higher priced homes
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