Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Valley Grande

Learn about the people, housing, costs and businesses in Valley Grande, Alabama

Median Home$104,730
Median Rent$745/month
Population4,313
Leading IndustriesTransportation · Professional Services · Wholesale Trade5% transportation
Home Value Growth⬆⬆+11.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners83% of occupied units
NotableAffordable Market$105k median home · lower cost than 90% of the country
Valley Grande
AL

Frequently Asked Questions

What are today's mortgage rates in Valley Grande?

As of today, the 30-year fixed mortgage rate for Valley Grande is approximately 6.973% (7.012% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Valley Grande
What is the median home price in Valley Grande?

The median home value in Valley Grande is $105k. The median monthly rent is $745. Annual property taxes average $469. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Valley Grande?

Home values in Valley Grande have increased 11.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Valley Grande?

Based on a typical all-in ownership cost of $610/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Valley Grande is $36k/year.

Calculate your buying power
What industries drive the economy in Valley Grande?

The largest employment sectors in Valley Grande are public administration (21%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.