Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Springville Lake Estates area can be challenging. Home prices in Springville Lake Estates are now at a median cost of $199,600, higher than the Alabama average of $185,232.
The average cost of rent is $583/mo in Springville Lake Estates, primarily driven by the current value of real estate in the Springville Lake Estates area. While nearly 45.68% of residents own their homes outright in Springville Lake Estates, 6.59% rent.
Housing affordability isn’t just about home prices, though. The average household income in Springville Lake Estates is $6,814 per month. Households that rent pay about 8.55% of their income on rent here. Springville Lake Estates's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Springville, AL: equally priced homes
- Remlap, AL: less expensive homes
- Argo, AL: higher priced homes
- Village Springs, AL: less expensive homes
- St. Clair Springs, AL: less expensive homes
- Highland Lake, AL: less expensive homes
- Margaret, AL: less expensive homes
- Clay, AL: less expensive homes
- Locust Fork, AL: less expensive homes
- Pinson, AL: less expensive homes
Cities with Similar Populations
- Leino Park, MA: higher priced homes
- Seymour, IL: equally priced homes
- Sevastopol, IN: less expensive homes
- Seney, GA: less expensive homes
- Sea Ranch Lakes, FL: higher priced homes
- Lohman, MT: higher priced homes
- Loch Lynn Heights, MD: less expensive homes
- Lobata, WV: less expensive homes
- Little Gap, PA: higher priced homes
- Liberty Center, IN: less expensive homes
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