Much like nearby areas, it's a lot less expensive compared to the country as a whole. Compared to the city of Huntsville, it's significantly less expensive.
Home prices
Sylvania's median home value is $97,600. This is about $3,340 (3%) higher compared to its nearby areas.In comparison to the rest of the nation it is approximately $119,900 (55%) lower, and compared to the city of Huntsville is approximately $85,300 (46%) lower.
Rents
Sylvania's median rent is $631 a month. This is approximately $34 (5%) higher compared to nearby areas.In comparison to the rest of the country it is approximately $431 (40%) lower, and compared to the city of Huntsville is approximately $196 (23%) lower.
Nearby places
Rainsville
Rainsville is Sylvania's neighbor to the south. The real estate prices there are somewhat more expensive. The median home price in Rainsville is $109,000, which is $11,400 (10%) higher than Sylvania. The rent there is a little less expensive. The median monthly rent in Rainsville is $569, which works out to $62 (10%) lower than Sylvania.
Powell
Powell is about 5 miles southwest of Sylvania. The real estate prices there are fairly similar. The value of the median home in Powell is $95,000, which is $2,600 (2%) lower than Sylvania. Rents there are fairly similar. The median monthly rent in Powell is $602, which comes out to $29 (4%) lower than Sylvania.
Henagar
Henagar is about 5 miles northeast from Sylvania. The housing prices there are a little less expensive. The cost of the median home in Henagar is $90,800, which comes out to $6,800 (7%) lower than Sylvania. The rent there is somewhat less expensive. In Henagar the median monthly rent is $559, which is $72 (12%) lower than Sylvania.
Dutton
Dutton is roughly 6 miles northwest of Sylvania. Its real estate prices are a little less expensive. The median home in Dutton is valued at $85,400, which is $12,200 (14%) lower than Sylvania. Rent there is pretty similar. The median rent in Dutton is $650 per month, which works out to $19 (2%) higher than Sylvania.
Shiloh
Shiloh is roughly 8 miles southwest from Sylvania. Real estate prices there are somewhat less expensive. Shiloh's median home price is $91,100, which comes out to $6,500 (7%) lower than Sylvania. Its rents are fairly similar. In Shiloh the median rent is $604 a month, which comes out to $27 (4%) lower than Sylvania.
