Sumter County, AL real estate

What the numbers say

Sumter County, AL real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Sumter County pay a median of $359 a year in property taxes on a median home value of $82,600, an effective rate of about 0.43%. The Alabama average is 0.38%, which makes Sumter County the #61 lowest-tax of 67 counties in the state with published tax data.

Renters pay a median of $775 a month, and $718 for a two-bedroom. At today's prices a typical home costs about 9 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $83,000 home here comes to about $515 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $22,000 a year (the median household here earns $33,310).