Scottsboro, Alabama Real Estate & Housing Market

Scottsboro, AL Listings

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Scottsboro Housing Information

Index	Scottsboro	Alabama	National
Median home price	$128,600	$128,500	$184,700
Median rent asked	$572	$728	$949
Avg. people per household	2.4	2.5	2.6
Owner occupied households	70.0%	68.5%	63.6%
Renter occupied households	30.0%	31.5%	36.4%

Above, you'll find an overview of the real estate market in Scottsboro, AL. Generally, real estate in the Scottsboro, AL area is less affordable in Alabama, as the median price of a home in Scottsboro, AL is $128,600, which is equal to the Alabama average. The median rental price in Scottsboro, AL is $572. This is 21% lower than the average rental price in Alabama. Home owners comprise 70.0% of the population of Scottsboro, AL, where an average of 2.4 people live in each home. Various real estate options from luxurious homes to affordable condos and urban townhomes are available in Scottsboro, AL. Below, you can search for real estate listings in Scottsboro, AL using our search functionality that allows you to personalize your search and filter out location, price, and number of bedrooms and bathrooms.

Scottsboro Home Affordability

When searching for real estate in Scottsboro, 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 Scottsboro, AL, the median house price is $128,600, while the median income for households in the area is $40,722. Therefore, the ratio of house price to income is 3.2x; this ratio is 10% 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 Scottsboro, AL.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Skyline, AL	984	$74,200	60%
Stevenson, AL	1,834	$79,600	57%
Hollywood, AL	1,114	$84,600	54%
Powell, AL	1,127	$85,600	54%
Woodville, AL	893	$87,100	53%
Scottsboro, AL	14,748	$128,600	30%

Cities with similar population

City, State	Population	Home Price	National Avg.
Jennings, MO	14,749	$64,900	65%
Villa Rica, GA	14,755	$127,700	31%
Owosso, MI	14,738	$76,100	59%
Stallings, NC	14,759	$221,100	20%
Discovery Bay, CA	14,765	$462,500	150%
Scottsboro, AL	14,748	$128,600	30%

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