Much like its nearby areas, it's a lot less expensive compared to the US as a whole. Compared to the city of Birmingham, it is close to average.
Home prices
The median home cost in Powell is $95,000. Compared to the surrounding areas it is roughly $1,120 (1%) lower.It is approximately $122,500 (56%) lower in comparison to the entire country, and is approximately $3,900 (4%) higher in comparison to the city of Birmingham.
Rents
Powell's median rent is $602 a month. Compared to nearby areas this is roughly $6 (1%) lower.It is roughly $460 (43%) lower compared to the nation as a whole, and it is approximately $235 (28%) lower compared to the city of Birmingham.
Nearby places
Rainsville
Rainsville is Powell's neighbor to the southeast. The housing prices there are somewhat more expensive. The median home in Rainsville costs $109,000, which works out to $14,000 (12%) higher than Powell. Its rents are somewhat less expensive. Rainsville's median rent is $569 a month, which comes out to $33 (5%) lower than Powell.
Shiloh
Shiloh is about 5 miles south of Powell. The real estate prices there are fairly similar. Shiloh's median home cost is $91,100, which comes out to $3,900 (4%) lower than Powell. The rent there is fairly similar. In Shiloh the median monthly rent is $604, which is very similar to Powell.
Sylvania
Sylvania is about 5 miles northeast from Powell. The real estate prices there are fairly similar. The median home price in Sylvania is $97,600, which comes out to $2,600 (2%) higher than Powell. Rents there are fairly similar. The median rent in Sylvania is $631 per month, which works out to $29 (4%) higher than Powell.
Dutton
Dutton is roughly 5 miles north of Powell. The housing prices there are a bit less expensive. The cost of the median home in Dutton is $85,400, which works out to $9,600 (11%) lower than Powell. Its rents are a bit more expensive. Dutton's median monthly rent is $650, which works out to $48 (7%) higher than Powell.
Section
Section is roughly 5 miles northwest from Powell. The housing prices there are similar. Section's median home price is $97,500, which comes out to $2,500 (2%) higher than Powell. Its rents are pretty similar. In Section the median rent is $588 a month, which works out to $14 (2%) lower than Powell.