Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Silverhill area can be challenging. Home prices in Silverhill are now at a median cost of $186,510, higher than the Alabama average of $185,232.
The average cost of rent is $1,033/mo in Silverhill, primarily driven by the current value of real estate in the Silverhill area. While nearly 36.09% of residents own their homes outright in Silverhill, 24.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silverhill is $5,315 per month. Households that rent pay about 19.44% of their income on rent here. Silverhill's most expensive areas are in the northern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Summerdale, AL: higher priced homes
- Loxley, AL: equally priced homes
- Robertsdale, AL: higher priced homes
- Fairhope, AL: higher priced homes
- Montrose, AL: higher priced homes
- Rosinton, AL: less expensive homes
- Daphne, AL: higher priced homes
- Magnolia Springs, AL: higher priced homes
- Point Clear, AL: higher priced homes
- Malbis, AL: higher priced homes
Cities with Similar Populations
- Gambier, OH: higher priced homes
- Glen Arm, MD: higher priced homes
- Glassport, PA: less expensive homes
- Glasgow, MT: less expensive homes
- Gladwyne, PA: higher priced homes
- Gibson City, IL: less expensive homes
- Germanton, NC: equally priced homes
- Garland, UT: higher priced homes
- Gamewell, NC: less expensive homes
- Gordonville, PA: higher priced homes
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