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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 $110,231, lower than the Alabama average of $228,911.
The average cost of rent is $715/mo in Summerfield, primarily driven by the current value of real estate in the Summerfield area. In Summerfield, 12.60% of households rent, and 56.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summerfield is $2,647 per month. Households that rent pay about 27.03% of their income on rent here. Summerfield’s most expensive areas are in the western 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
- Valley Grande, AL: higher priced homes
- Fremont, AL: less expensive homes
- Perryville, AL: higher priced homes
- Vine Hill, AL: less expensive homes
- Selma, AL: equally priced homes
- Potter, AL: less expensive homes
- Suttle, AL: higher priced homes
- Jones, AL: equally priced homes
- Plantersville, AL: equally priced homes
- Osborn, AL: higher priced homes
Cities with Similar Populations
- Holly Springs, TN: higher priced homes
- Womacks, VA: higher priced homes
- Wonalancet, NH: higher priced homes
- Wood, SD: equally priced homes
- Woodsville, NJ: higher priced homes
- Worthen, AR: higher priced homes
- Worthing, TX: higher priced homes
- Wyatt Village, TN: equally priced homes
- House Creek, MO: higher priced homes
- Horsegall, SC: higher priced homes
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