
Home Price Key
These days, finding an affordable place to live in the Valhermoso Springs area can be challenging. Home prices in Valhermoso Springs are now at a median cost of $156,452, lower than the Alabama average of $185,232.
The average cost of rent is $703/mo in Valhermoso Springs, primarily driven by the current value of real estate in the Valhermoso Springs area. While nearly 82.58% of residents own their homes outright in Valhermoso Springs, 7.76% rent.
Housing affordability isn’t just about home prices, though. The average household income in Valhermoso Springs is $4,164 per month. Households that rent pay about 16.89% of their income on rent here. Valhermoso Springs's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Laceys Spring, AL: equally priced homes
- Triana, AL: equally priced homes
- Winton, AL: higher priced homes
- Somerville, AL: equally priced homes
- Echols Crossroads, AL: equally priced homes
- Morgan City, AL: less expensive homes
- Redstone Arsenal, AL: higher priced homes
- Gum Spring, AL: equally priced homes
- Union Grove, AL: higher priced homes
- Mooresville, AL: higher priced homes
Cities with Similar Populations
- Moscow, TX: less expensive homes
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- Newhope, AR: less expensive homes
- Mouth Of Wilson, VA: less expensive homes
- Mount Vernon, KS: higher priced homes
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