The typical owner-occupied home in Daviston is worth about $120,800, 42% below the Alabama median of $209,900 and 64% below the national median of $332,700. Owners pay a median $420 a year in property taxes, about 0.35% of their home's value, lower than the Alabama rate of 0.38%. 97% of occupied homes here are lived in by their owners, and 33% of those owners still have a mortgage.
Daviston at a glance
| Daviston | Alabama | U.S. | |
|---|---|---|---|
| Median home value | $120,800 | $209,900 | $332,700 |
| Median property tax paid per year | $420 | $788 | $3,119 |
| Property tax as a share of value | 0.35% | 0.38% | 0.94% |
| Median household income | – | $63,999 | $80,734 |
| Homes lived in by their owners | 97% | 70% | 65% |
| Owner homes with a mortgage | 33% | 54% | 61% |
| Median monthly costs, owners with a mortgage | $1,813 | $1,433 | $1,963 |
| Those costs as a share of the owners' income | 22.5% | 19.0% | 21.0% |
| Median rent | – | $1,007 | $1,413 |
| Median year homes were built | 1978 | 1986 | 1980 |
| Vacant homes | 9.7% | 14.5% | 10.1% |
| Population | 193 | 5,086,768 | 334,922,499 |
What a typical home costs per month in Daviston
At this week's average 30-year rate of 7.11%, buying the median Daviston home of $120,800 with 20% down costs about $736 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $937, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $31,529 for the 20%-down payment.
| Down payment | $24,160 |
|---|---|
| Loan amount | $96,640 |
| Principal and interest | $650 |
| Property taxes (0.35% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| PMI | $0 |
| Total per month | $736 |
Change the numbers in the calculator
| Down payment | $4,228 |
|---|---|
| Loan amount | $118,612 |
| Principal and interest | $798 |
| Property taxes (0.35% a year) | $35 |
| Homeowners insurance (our estimate, 0.5% a year) | $50 |
| FHA mortgage insurance | $53 |
| Total per month | $937 |
Change the numbers in the calculator
Questions about home buying in Daviston
What is the median home value in Daviston?
About $120,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Daviston?
Homeowners pay a median $420 a year, which is about 0.35% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Daviston?
For the median home with 20% down at 7.11%, the payment is about $736 a month. Keeping that under 28% of gross income takes about $31,529 a year.
More about Daviston
- Mortgage Refinance in Daviston
- Debt Relief in Daviston
- Home Equity Loans in Daviston
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data