Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Steelwood area can be challenging. Home prices in Steelwood are now at a median cost of $283,700, higher than the Alabama average of $185,232.
The average cost of rent is $1,599/mo in Steelwood, primarily driven by the current value of real estate in the Steelwood area. While nearly 14.41% of residents own their homes outright in Steelwood, 24.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Steelwood is $7,172 per month. Households that rent pay about 22.30% of their income on rent here. Steelwood's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Malbis, AL: less expensive homes
- Spanish Fort, AL: equally priced homes
- Bromley, AL: higher priced homes
- Daphne, AL: less expensive homes
- Loxley, AL: less expensive homes
- Stapleton, AL: less expensive homes
- Rosinton, AL: less expensive homes
- Montrose, AL: higher priced homes
- Silverhill, AL: less expensive homes
- Robertsdale, AL: less expensive homes
Cities with Similar Populations
- Hix, TX: less expensive homes
- Hubbardstown, WV: less expensive homes
- Hoxeyville, MI: less expensive homes
- Howlett Hill, NY: less expensive homes
- Houcktown, OH: less expensive homes
- Horton, KY: less expensive homes
- Hopeful, GA: less expensive homes
- Hoods Crossroads, AL: less expensive homes
- Homer, IN: less expensive homes
- Holy Cross, WI: less expensive homes
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