Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summerfield area can be challenging. Home prices in Summerfield are now at a median cost of $117,482, lower than the Alabama average of $185,232.
The average cost of rent is $803/mo in Summerfield, primarily driven by the current value of real estate in the Summerfield area. While nearly 60.59% of residents own their homes outright in Summerfield, 19.54% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summerfield is $4,144 per month. Households that rent pay about 19.37% of their income on rent here. Summerfield's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Valley Grande, AL: equally priced homes
- Fremont, AL: equally priced homes
- Perryville, AL: less expensive homes
- Vine Hill, AL: equally priced homes
- Selma, AL: less expensive homes
- Potter, AL: less expensive homes
- Suttle, AL: less expensive homes
- Jones, AL: equally priced homes
- Plantersville, AL: equally priced homes
- Osborn, AL: less expensive homes
Cities with Similar Populations
- Holly Springs, TN: higher priced homes
- Womacks, VA: higher priced homes
- Wonalancet, NH: higher priced homes
- Wood, SD: less expensive homes
- Woodsville, NJ: higher priced homes
- Worthen, AR: higher priced homes
- Worthing, TX: higher priced homes
- Wyatt Village, TN: less expensive homes
- House Creek, MO: higher priced homes
- Horsegall, SC: less expensive homes
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