Home prices
Gadsden's median home price is $73,600. It is roughly $58,080 (44%) lower in comparison to nearby areas.In comparison to the entire country it is about $143,900 (66%) lower, and compared to the city of Birmingham it is roughly $17,500 (19%) lower.
Rents
In Gadsden the median rent is $645 a month. Compared to other places in this area this is approximately $75 (10%) lower.Compared to the entire nation it is approximately $417 (39%) lower, and is roughly $192 (22%) lower in comparison to the city of Birmingham.
Nearby places
Attalla
Attalla is Gadsden's neighbor to the west. Real estate prices there are similar. The median home in Attalla costs $72,200, which comes out to $1,400 (1%) lower than Gadsden. Rents there are a little less expensive. In Attalla the median rent is $542 a month, which works out to $103 (19%) lower than Gadsden.
Reece City
Reece City is Gadsden's neighbor to the north. Housing prices there are substantially more expensive. The price of the median home in Reece City is $130,300, which comes out to $56,700 (43%) higher than Gadsden. Its rents are a bit more expensive. Reece City's median monthly rent is $693, which works out to $48 (6%) higher than Gadsden.
Glencoe
Glencoe is Gadsden's neighbor to the southeast. The real estate prices there are substantially more expensive. The median home value in Glencoe is $154,500, which works out to $80,900 (52%) higher than Gadsden. Rent there is a little less expensive. In Glencoe the median rent is $556 per month, which comes out to $89 (16%) lower than Gadsden.
Rainbow City
Rainbow City is Gadsden's neighbor to the southwest. Its housing prices are substantially more expensive. The median home cost in Rainbow City is $166,100, which comes out to $92,500 (55%) higher than Gadsden. Rents there are somewhat more expensive. In Rainbow City the median rent is $797 a month, which is $152 (19%) higher than Gadsden.
Hokes Bluff
Hokes Bluff is roughly 7 miles east of Gadsden. Its housing prices are significantly more expensive. Hokes Bluff's median home value is $135,300, which is $61,700 (45%) higher than Gadsden. The rent there is a lot more expensive. In Hokes Bluff the median monthly rent is $1,012, which comes out to $367 (36%) higher than Gadsden.
