Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Terrace Hills area can be challenging. Home prices in Terrace Hills are now at a median cost of $187,249, higher than the Mobile average of $171,449.
The average cost of rent is $1,035/mo in Terrace Hills, primarily driven by the current value of real estate in the Terrace Hills area. While nearly 45.22% of residents own their homes outright in Terrace Hills, 35.16% rent.
Housing affordability isn’t just about home prices, though. The average household income in Terrace Hills is $3,906 per month. Households that rent pay about 26.48% of their income on rent here. Terrace Hills's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the neighborhood.
Nearby Neighborhoods
- Canterbury, Mobile, AL: higher priced homes
- Skyland Park, Mobile, AL: equally priced homes
- Malibar Heights, Mobile, AL: less expensive homes
- Claremont, Mobile, AL: equally priced homes
- Milkhouse, Mobile, AL: higher priced homes
- Airmont, Mobile, AL: less expensive homes
- Overton, Mobile, AL: higher priced homes
- Jackson Heights, Mobile, AL: less expensive homes
- Berkleigh, Mobile, AL: equally priced homes
- Bolton, Mobile, AL: less expensive homes
Neighborhoods with Similar Populations
- Stevens Square, Minneapolis, MN: higher priced homes
- California, Louisville, KY: less expensive homes
- Cameron Park, Billings, MT: higher priced homes
- Canfield Manor, Mount Clemens, MI: less expensive homes
- Central, Helena, MT: higher priced homes
- Central Park, Superior, WI: less expensive homes
- Chabot Park, Oakland, CA: higher priced homes
- Chaffee Park, Denver, CO: higher priced homes
- Claremont, Berkeley, CA: higher priced homes
- Clayton, Denver, CO: higher priced homes
All Local Stats
Home Services
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