Ladonia, Alabama Real Estate & Housing Market

Ladonia, AL Listings

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Ladonia Housing Information

Index	Ladonia	Alabama	National
Median home price	$90,100	$128,500	$184,700
Median rent asked	$721	$728	$949
Avg. people per household	2.6	2.5	2.6
Owner occupied households	63.9%	68.5%	63.6%
Renter occupied households	36.1%	31.5%	36.4%

Above, you'll find an overview of the real estate market in Ladonia, AL. Generally, real estate in the Ladonia, AL area is more affordable in Alabama, as the median price of a home in Ladonia, AL is $90,100, which is 30% lower than the Alabama average. The median rental price in Ladonia, AL is $721. This is 1% lower than the average rental price in Alabama. Home owners comprise 63.9% of the population of Ladonia, AL, where an average of 2.6 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Ladonia, AL. Below, you can search for real estate listings in Ladonia, AL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Ladonia Home Affordability

When searching for real estate in Ladonia, AL, home affordability is a critical aspect. The ratio of the house price to the median household income is one method used to figure out home affordability. In Ladonia, AL, the median house price is $90,100, while the median income for households in the area is $26,699. Therefore, the ratio of house price to income is 3.4x; this ratio is 18% higher than the average in Alabama. The calculation for the ratio of home affordability requires dividing the median household income by the median house price. The lower the aforementioned ratio, the more affordable homes are - when comparing the house price to the household income. However, there are more factors that come into play in terms of home affordability. The calculator below determines home affordability, and it can help you decide how much money you can afford to pay for real estate in Ladonia, AL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Phenix City, AL	36,990	$124,100	33%
Smiths Station, AL	5,235	$134,500	27%
Columbus, GA	200,303	$138,600	25%
Ladonia, AL	3,036	$90,100	51%

Cities with similar population

City, State	Population	Home Price	National Avg.
Locust, NC	3,036	$154,400	16%
Williamson, WV	3,036	$89,300	52%
Mohnton, PA	3,036	$159,900	13%
Barton Creek, TX	3,037	$921,100	399%
Elk Ridge, UT	3,037	$312,200	69%
Ladonia, AL	3,036	$90,100	51%

Source: The Ladonia, AL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).