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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 $248,070, higher than the Alabama average of $228,911.
The average cost of rent is $1,271/mo in Silverhill, primarily driven by the current value of real estate in the Silverhill area. In Silverhill, 16.94% of households rent, and 35.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Silverhill is $6,624 per month. Households that rent pay about 19.20% of their income on rent here. Silverhill’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Summerdale, AL: higher priced homes
- Loxley, AL: higher priced homes
- Robertsdale, AL: equally 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: less expensive homes
- Garland, UT: higher priced homes
- Gamewell, NC: less expensive homes
- Gordonville, PA: higher priced homes
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