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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Silverhill, AL Housing Affordability Index

Silverhill, Alabama has an MBR Housing Affordability Index score of 107.9 (Near National Average) as of October 30, 2026, ranking 430th most affordable of 446 scored Alabama cities, compared with 134.1 statewide and 97.4 nationally. On a median-priced $265,600 home with 20% down, the Alabama average 30-year fixed rate of 7.19% means a monthly principal and interest payment of about $1,441, or 30% of the city’s $57,500 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Silverhill is updated every night from live Alabama mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Silverhill MBR-HAI 107.9 Near National Average
Rank in Alabama 430 of 446 1 = most affordable
Alabama 134.1 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.19% Alabama lenders
Median home value $265,600 U.S. Census Bureau

Silverhill is 26.2 points below the Alabama score. Scores as of October 30, 2026. See the Alabama index

View Silverhill Mortgage Rates

What It Takes to Buy in Silverhill

$1,441/mo
Principal & Interest
Median home, 20% down, 7.19%
$61,700
Income Needed
To keep the payment at 28% of income
$57,500
Median Household Income
Alabama: $63,999
4.6x
Price-to-Income Ratio
Alabama: 3.3x
$1,225/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$1,060/yr
Median Property Tax
0.40% of median value
32.2%
Owner Cost Burden
Owners spending 30%+ of income on housing
40.0%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Silverhill, Alabama. The rate is the Alabama average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Silverhill Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Silverhill, Alabama score: 107.9 (Near National Average), ranked 430 of 446 Alabama cities. monitorbankrates.com/housing-affordability-index/alabama/silverhill”