River Mill Home for Sale

River Mill is a good place to live. River Mill is considered very car-dependent and somewhat bikeable. It has a median age of 47. The average household income is $105,341 which is above the national average. College graduates make up 52.2% of residents. A majority of residents in River Mill are home owners, with 12% of residents renting and 88% of residents owning their home. A local real estate agent serving River Mill can help you decide if this neighborhood is the right one for you. Learn more on our River Mill neighborhood guide.

The median home price in River Mill is $319,950. If you put a 20% down payment of $64,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K a year to afford the median home price in River Mill. The average household income in River Mill is $105K.

The best public schools that serve River Mill are:

• Fairhope High School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 4.2.
• Fairhope Middle School has an A Niche grade and a student teacher ratio of 15:1.

The best private schools that serve River Mill are:

• Eastern Shore Early Childhood Center has a student teacher ratio of 1:1.

The most popular zip codes in River Mill, Fairhope, AL include 36532, 36526, 36576, 36580 and 36551.

The most popular neighborhoods near River Mill, Fairhope, AL are Idlewild, Point Clear, Rock Creek, Montrose and Chamberlain Trace.

Yes, home prices in River Mill are down 2% in the last 12 months.