Red Level, Covington County, AL

Median Home Price Price

$149,269 $149.3K

Median Monthly Rent Rent

$874 $874

14.0x

Market Snapshot

Red Level, Covington County, AL is a city market with a median home price of $149,269, a median monthly rent of $874, a GRM of 14.0x, and a price-to-rent ratio of 14.2.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
$118K $826 12.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Red Level

Map loads when visible.

Benchmark comparison

Compare Red Level, AL to another market.

Red Level, AL
Opp, AL
Delta
Median rent
$874
N/A
Median price
$149,269
N/A
YoY change
+$63
N/A
Price-to-rent
14.2x
Data unavailable

Key takeaways

  • Red Level, Covington County, AL has a lower-grm screening profile: At 14.0x GRM, current rent may provide stronger support relative to price.
  • Low GRM can also reflect operating friction, softer appreciation expectations, or local risk that GRM does not capture.
  • Rent momentum is positive, with median rent up about $63 year over year.
  • Next discovery step: compare Opp, Covington County, AL from the Same county set.