Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Reedtown area can be challenging. Home prices in Reedtown are now at a median cost of $74,542, lower than the Alabama average of $185,232.
The average cost of rent is $359/mo in Reedtown, primarily driven by the current value of real estate in the Reedtown area. While nearly 74.55% of residents own their homes outright in Reedtown, 30.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Reedtown is $2,456 per month. Households that rent pay about 14.63% of their income on rent here. Reedtown's most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Gravel Hill, AL: higher priced homes
- Russellville, AL: higher priced homes
- Rockwood, AL: higher priced homes
- Frankfort, AL: higher priced homes
- Isbell, AL: higher priced homes
- Jonesboro, AL: higher priced homes
- Crooked Oak, AL: higher priced homes
- Hester Heights, AL: higher priced homes
- Spruce Pine, AL: higher priced homes
- Littleville, AL: higher priced homes
Cities with Similar Populations
- Potter, NY: higher priced homes
- Proctor, CO: higher priced homes
- Pritchett, CO: higher priced homes
- Prince, WV: less expensive homes
- Prairie Corners, WI: higher priced homes
- Pozo, CA: higher priced homes
- Powys, PA: higher priced homes
- Powells Crossroads, AL: higher priced homes
- Powell, WI: higher priced homes
- Prosper, MN: higher priced homes
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