If you are on a budget and you are looking to purchase a decent home in a decent neighborhood, Alabama can make your dreams come true. But not just anywhere in Alabama, we recognize the importance of thorough research when it comes to the choice of a neighborhood to buy property. That is why after extensive research, we have compiled a list of the top ten places to buy a home in Alabama.
10. CHELSEA, SHELBY COUNTY
Chelsea is a suburb of Birmingham and has a population of 13,098 people. The neighborhood has an average home value of $232,000 and about 94% of the population own their homes. Chelsea is rated as one of the best places to raise a family. This is no surprise as all 9 public schools serving the neighborhood have impressive ratings. The community also features several parks conducive for children. Chelsea also boasts of very little criminal activity, even with its more than average nightlife.
9. TRUSSVILLE, JEFFERSON COUNTY
This is another suburb in Birmingham. Trussville has a rural feel to its surrounding which residents enjoy. The population is just shy of 22,000 people and this is another great place to raise a family. The average price to buy a home is $255,000 and the average rent is $1414. Like in Chelsea, the public schools in this neighborhood boast of impressive ratings and even more impressive standards. The community is a tight-knit one and every convenience is a few minutes drive away. About 90% of the population own their homes.
8. PRICEVILLE, MORGAN COUNTY
Contrary to its name, Priceville is not a very pricey place to live. The average home value is placed at $195,000 with an average rent price of $798. Only 2% of the 3,475 residents live in rentals. Priceville is a place for both families and young professionals. Its crime rating is quite low and it is a well-diversified community.
7. NEWMARKET, MADISON COUNTY
Newmarket is rated 5 out of 95 suburbs with the lowest cost of living. The average home value is $131,000 and the average rent price is as low as $599. As of 2019, the entire population consisted of 1112 people and the schools and convenience stores are in such proximity that biking is a common means of transportation. The crime rate in New Market is also incredibly low.
6. PELHAM, SHELBY COUNTY
Pelham is another suburb in Birmingham; its total population is 23,428 people. The residents of Pelham enjoy a rural, suburban mix in its environment. Its public schools boast of very standard ratings. The community is known for its hospitality and the average house value is $180,000. In Pelham, about 85% of its residents own their homes.
5. MEADOW BROOKE, SHELBY COUNTY
This community has a population of 9,400 people. The average house value is $299,200 and the average rent price $1400. The community houses many young professionals and has an incredibly low crime rating. Most residents in the community uphold conservative values. Its public schools are standard and up to 21% of the residents have a master’s degree qualification.
4. HARVEST, MADISON COUNTY
Harvest is a suburb in Huntsville with a population just shy of 6,000 people. The community is ranked as one of the all-time best suburbs to buy a house in Alabama and has a crime rating of next to nothing. It is considered a very conducive environment to start a family because of its proximity to schools, shopping centers and places of entertainment. The average house value is $183,500.
3. INDIAN SPRINGS VILLAGE, SHELBY COUNTY
This community has a population of 2,549 people, with 95% of its residents owning their homes. The neighborhood is the second-best place in the suburbs to buy a home and has almost no crime rate. It is also located across the highway from Alabama’s largest state park. The area is mainly residential but has a minor commercial side to it. The average house value is $ 367,000.
2. ALEXANDRIA, CALHOUN COUNTY
This neighborhood is a family-oriented one, the average house value is $129,000 and it costs an average of $919 for rentals. Alexandria also boasts of standard public schools, low crime rates, and good restaurants.
1. MADISON, MADISON COUNTY
This neighborhood is rated by many as the overall best place to buy a house in Alabama. Madison boasts of a large number of tech jobs, standard public schools, and proximity to other commercial areas. The average house value is $253,000 and $946 in rent. In Madison, 71% of residents own their homes.
Now you know the top ten places to buy a home in Alabama, what are you waiting for? Start house hunting!
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