Home prices
The median home in Pace costs $186,000. It is roughly $48,320 (35%) higher in comparison to its nearby areas.In comparison to the country as a whole it is about $31,500 (14%) lower, and in comparison to the city of Mobile it is about $62,400 (50%) higher.
Rents
In Pace the median monthly rent is $1,092. In comparison to other places in this area this is roughly $101 (8%) lower.In comparison to the United States as a whole it is about $30 (2%) higher, and in comparison to the city of Mobile it is about $235 (27%) higher.
Nearby places
Pea Ridge
Pea Ridge is Pace's neighbor to the east. Housing prices there are significantly less expensive. The median home in Pea Ridge costs $121,200, which works out to $64,800 (53%) lower than Pace. Its rents are a bit less expensive. The median rent in Pea Ridge is $927 a month, which is $165 (17%) lower than Pace.
Milton
Milton is approximately 6 miles east of Pace. Its real estate prices are significantly less expensive. The median home in Milton is valued at $129,000, which is $57,000 (44%) lower than Pace. Its rents are somewhat more expensive. In Milton the median monthly rent is $1,155, which is $63 (5%) higher than Pace.
Bagdad
Bagdad is approximately 7 miles southeast of Pace. The real estate prices there are substantially less expensive. The median home cost in Bagdad is $123,200, which comes out to $62,800 (50%) lower than Pace. Rents there are a little more expensive. The median monthly rent in Bagdad is $1,281, which is $189 (14%) higher than Pace.
Gonzalez
Gonzalez is roughly 7 miles southwest of Pace. Its real estate prices are a little less expensive. The median home in Gonzalez costs $172,200, which is $13,800 (8%) lower than Pace. Rents there are fairly similar. Gonzalez's median rent is $1,082 a month, which is very similar to Pace.
Avalon
Avalon is about 7 miles southeast of Pace. Its real estate prices are a little less expensive. The median home value in Avalon is $142,800, which works out to $43,200 (30%) lower than Pace. Its rents are a bit more expensive. Avalon's median rent is $1,519 per month, which comes out to $427 (28%) higher than Pace.
