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These days, finding an affordable place to live in the Sprott area can be challenging. Home prices in Sprott are now at a median cost of $116,861, lower than the Alabama average of $228,911.
The average cost of rent is $540/mo in Sprott, primarily driven by the current value of real estate in the Sprott area. In Sprott, 6.10% of households rent, and 76.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sprott is $3,630 per month. Households that rent pay about 14.88% of their income on rent here. Sprott’s most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Marion, AL: higher priced homes
- Levert, AL: higher priced homes
- Osborn, AL: higher priced homes
- Suttle, AL: higher priced homes
- Perryville, AL: higher priced homes
- Hamburg, AL: less expensive homes
- Summerfield, AL: equally priced homes
- Newbern, AL: equally priced homes
- Plantersville, AL: equally priced homes
- Vine Hill, AL: less expensive homes
Cities with Similar Populations
- River Road, WA: higher priced homes
- Oak Glen, CA: higher priced homes
- Opdyke, TX: higher priced homes
- Padua, IL: higher priced homes
- Quecreek, PA: higher priced homes
- Redding, IA: equally priced homes
- Reeves, NC: equally priced homes
- Reynolds, ID: higher priced homes
- Rhododendron, OR: higher priced homes
- Rhyolite, NV: equally priced homes
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