Home prices
The price of the median home in Meadowbrook is $299,200. Compared to other places in this area it is approximately $34,440 (10%) lower.In comparison to the rest of the nation it is roughly $81,700 (37%) higher, and is approximately $208,100 (228%) higher compared to the city of Birmingham.
Rents
Meadowbrook's median rent is $1,406 per month. In comparison to the surrounding areas this is is very similar.It is approximately $344 (32%) higher in comparison to the United States as a whole, and is roughly $569 (67%) higher in comparison to the city of Birmingham.
Nearby places
Hoover
Hoover is Meadowbrook's neighbor to the west. Housing prices there are pretty similar. Hoover's median home value is $291,000, which works out to $8,200 (2%) lower than Meadowbrook. Rent there is a little less expensive. In Hoover the median monthly rent is $1,123, which is $283 (25%) lower than Meadowbrook.
Brook Highland
Brook Highland is about 3 miles north from Meadowbrook. The real estate prices there are a little more expensive. Brook Highland's median home price is $323,200, which works out to $24,000 (7%) higher than Meadowbrook. The rent there is significantly less expensive. In Brook Highland the median monthly rent is $1,029, which comes out to $377 (36%) lower than Meadowbrook.
Vestavia Hills
Vestavia Hills is roughly 4 miles northwest from Meadowbrook. Real estate prices there are a bit more expensive. Vestavia Hills's median home cost is $376,200, which comes out to $77,000 (20%) higher than Meadowbrook. Rents there are a bit less expensive. Vestavia Hills's median rent is $1,218 per month, which works out to $188 (15%) lower than Meadowbrook.
Shoal Creek
Shoal Creek is approximately 5 miles northeast from Meadowbrook. Housing prices there are substantially more expensive. The median home price in Shoal Creek is $445,100, which works out to $145,900 (32%) higher than Meadowbrook. Rent there is a lot more expensive. The median rent in Shoal Creek is $2,167 per month, which is $761 (35%) higher than Meadowbrook.
Chelsea
Chelsea is approximately 6 miles southeast from Meadowbrook. Housing prices there are a little less expensive. The value of the median home in Chelsea is $232,700, which works out to $66,500 (28%) lower than Meadowbrook. Rent there is fairly similar. In Chelsea the median monthly rent is $1,448, which is $42 (2%) higher than Meadowbrook.
