Much like nearby areas, it is substantially less expensive compared to the rest of the country. Compared to the city of Birmingham however, it is a lot more expensive.
Home prices
The median home in Talladega Springs is valued at $120,300. In comparison to other places in this area it is about $2,460 (2%) higher.It is roughly $97,200 (44%) lower compared to the entire country, and compared to the city of Birmingham is approximately $29,200 (32%) higher.
Rents
In Talladega Springs the median rent is $950 per month. This is approximately $201 (26%) higher in comparison to nearby areas.Compared to the rest of the country it is approximately $112 (10%) lower, and in comparison to the city of Birmingham it is roughly $113 (13%) higher.
Nearby places
Wilsonville
Wilsonville is approximately 8 miles north from Talladega Springs. Housing prices there are somewhat more expensive. The median home in Wilsonville costs $154,400, which comes out to $34,100 (22%) higher than Talladega Springs. Rents there are pretty similar. Wilsonville's median rent is $979 per month, which works out to $29 (2%) higher than Talladega Springs.
Oak Grove
Oak Grove is approximately 8 miles northeast of Talladega Springs. The real estate prices there are a bit less expensive. The price of the median home in Oak Grove is $96,300, which is $24,000 (24%) lower than Talladega Springs. Rents there are a bit less expensive. The median rent in Oak Grove is $733 a month, which comes out to $217 (29%) lower than Talladega Springs.
Stewartville
Stewartville is about 9 miles east of Talladega Springs. Housing prices there are a lot less expensive. Stewartville's median home cost is $81,900, which is $38,400 (46%) lower than Talladega Springs. Its rents are somewhat less expensive. The median monthly rent in Stewartville is $831, which comes out to $119 (14%) lower than Talladega Springs.
Columbiana
Columbiana is approximately 10 miles northwest of Talladega Springs. Its housing prices are pretty similar. Columbiana's median home price is $125,000, which works out to $4,700 (3%) higher than Talladega Springs. Its rents are substantially less expensive. Columbiana's median rent is $593 a month, which comes out to $357 (60%) lower than Talladega Springs.
Sylacauga
Sylacauga is about 10 miles northeast of Talladega Springs. Its real estate prices are a little more expensive. The median home in Sylacauga is valued at $131,600, which is $11,300 (8%) higher than Talladega Springs. Rent there is a lot less expensive. The median rent in Sylacauga is $609 a month, which works out to $341 (55%) lower than Talladega Springs.