Home prices
The value of the median home in Red Bay is $83,600. It is about $7,180 (9%) higher compared to its nearby areas.Compared to the rest of the nation it is roughly $133,900 (61%) lower, and it is roughly $99,300 (54%) lower compared to the city of Huntsville.
Rents
Red Bay's median rent is $473 per month. Compared to nearby areas it is roughly $71 (13%) lower.It is about $589 (55%) lower in comparison to the entire nation, and is about $354 (42%) lower compared to the city of Huntsville.
Nearby places
Vina
Vina is about 5 miles southeast of Red Bay. Its housing prices are a lot less expensive. The median home in Vina costs $61,100, which works out to $22,500 (36%) lower than Red Bay. Rents there are a little less expensive. In Vina the median monthly rent is $440, which is $33 (7%) lower than Red Bay.
Belmont
Belmont is roughly 6 miles northwest of Red Bay. Its housing prices are somewhat more expensive. The median home cost in Belmont is $108,900, which comes out to $25,300 (23%) higher than Red Bay. The rent there is a bit more expensive. The median monthly rent in Belmont is $645, which comes out to $172 (26%) higher than Red Bay.
Hodges
Hodges is approximately 12 miles southeast from Red Bay. Housing prices there are significantly less expensive. The median home in Hodges costs $59,200, which comes out to $24,400 (41%) lower than Red Bay. Its rents are a bit less expensive. Hodges's median rent is $438 a month, which comes out to $35 (7%) lower than Red Bay.
Tishomingo
Tishomingo is about 15 miles north from Red Bay. Its real estate prices are significantly less expensive. Tishomingo's median home price is $62,300, which is $21,300 (34%) lower than Red Bay. Its rents are a bit more expensive. The median monthly rent in Tishomingo is $542, which works out to $69 (12%) higher than Red Bay.
Tremont
Tremont is about 15 miles south of Red Bay. Housing prices there are a little more expensive. The median home in Tremont is valued at $90,600, which is $7,000 (7%) higher than Red Bay. Its rents are somewhat more expensive. In Tremont the median monthly rent is $654, which works out to $181 (27%) higher than Red Bay.