Home prices
The median home in Montevallo costs $160,300. This is approximately $13,900 (9%) higher compared to its nearby areas.It is about $57,200 (26%) lower in comparison to the rest of the nation, and is about $69,200 (75%) higher in comparison to the city of Birmingham.
Rents
Montevallo's median monthly rent is $743. Compared to its surrounding areas it is approximately $207 (21%) lower.Compared to the nation as a whole it is about $319 (30%) lower, and it is roughly $94 (11%) lower compared to the city of Birmingham.
Nearby places
Wilton
Wilton is Montevallo's neighbor to the southwest. Its real estate prices are substantially less expensive. The median home in Wilton costs $106,400, which works out to $53,900 (50%) lower than Montevallo. The rent there is substantially less expensive. The median rent in Wilton is $518 per month, which comes out to $225 (43%) lower than Montevallo.
Calera
Calera is approximately 5 miles east of Montevallo. Housing prices there are a little less expensive. Calera's median home price is $148,000, which comes out to $12,300 (8%) lower than Montevallo. Its rents are somewhat more expensive. The median monthly rent in Calera is $1,068, which works out to $325 (30%) higher than Montevallo.
Alabaster
Alabaster is about 7 miles north of Montevallo. The real estate prices there are somewhat more expensive. The value of the median home in Alabaster is $173,000, which works out to $12,700 (7%) higher than Montevallo. Its rents are somewhat more expensive. Alabaster's median rent is $1,088 per month, which is $345 (31%) higher than Montevallo.
Helena
Helena is about 11 miles north of Montevallo. The housing prices there are a little more expensive. The median home in Helena is valued at $195,100, which comes out to $34,800 (17%) higher than Montevallo. Its rents are a lot more expensive. In Helena the median rent is $1,341 a month, which works out to $598 (44%) higher than Montevallo.
Jemison
Jemison is roughly 12 miles southeast of Montevallo. Housing prices there are a lot less expensive. The median home in Jemison is valued at $109,500, which works out to $50,800 (46%) lower than Montevallo. The rent there is fairly similar. In Jemison the median monthly rent is $734, which comes out to $9 (1%) lower than Montevallo.
