Home prices
The median home in Munford costs $79,500. This is about $24,640 (23%) lower compared to the surrounding areas.In comparison to the US as a whole it is approximately $138,000 (63%) lower, and in comparison to the city of Birmingham it is about $11,600 (12%) lower.
Rents
Munford's median rent is $565 a month. This is approximately $153 (21%) lower compared to its surrounding areas.Compared to the rest of the nation it is roughly $497 (46%) lower, and is about $272 (32%) lower compared to the city of Birmingham.
Nearby places
Oxford
Oxford is about 6 miles northeast from Munford. Its housing prices are significantly more expensive. Oxford's median home price is $145,300, which works out to $65,800 (45%) higher than Munford. Rent there is a lot more expensive. The median rent in Oxford is $839 per month, which comes out to $274 (32%) higher than Munford.
Hobson City
Hobson City is roughly 8 miles northeast from Munford. Housing prices there are a little more expensive. The median home in Hobson City is valued at $91,400, which is $11,900 (13%) higher than Munford. The rent there is a bit more expensive. The median monthly rent in Hobson City is $716, which works out to $151 (21%) higher than Munford.
Talladega
Talladega is roughly 9 miles southwest from Munford. Its real estate prices are a bit more expensive. The median home value in Talladega is $86,600, which is $7,100 (8%) higher than Munford. The rent there is pretty similar. Talladega's median monthly rent is $548, which is $17 (3%) lower than Munford.
West End-Cobb Town
West End-Cobb Town is roughly 10 miles northeast from Munford. Its real estate prices are a bit less expensive. The median home value in West End-Cobb Town is $66,400, which comes out to $13,100 (19%) lower than Munford. Rent there is a little more expensive. West End-Cobb Town's median monthly rent is $631, which is $66 (10%) higher than Munford.
Lincoln
Lincoln is roughly 10 miles northwest of Munford. Real estate prices there are substantially more expensive. The median home price in Lincoln is $131,000, which comes out to $51,500 (39%) higher than Munford. The rent there is a lot more expensive. The median monthly rent in Lincoln is $856, which works out to $291 (33%) higher than Munford.
