Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Alamance area can be challenging. Home prices in Alamance are now at a median cost of $286,400, higher than the North Carolina average of $226,477.
The average cost of rent is $859/mo in Alamance, primarily driven by the current value of real estate in the Alamance area. While nearly 24.02% of residents own their homes outright in Alamance, 11.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Alamance is $6,226 per month. Households that rent pay about 13.80% of their income on rent here. Alamance's most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Bellemont, NC: less expensive homes
- Burlington, NC: less expensive homes
- Elon, NC: equally priced homes
- Graham, NC: less expensive homes
- Whitsett, NC: less expensive homes
- Glen Raven, NC: less expensive homes
- Gibsonville, NC: less expensive homes
- Sedalia, NC: less expensive homes
- Swepsonville, NC: less expensive homes
- Snow Camp, NC: less expensive homes
Cities with Similar Populations
- Trout Lake, WA: higher priced homes
- Rocksprings, TX: less expensive homes
- Landers, CA: higher priced homes
- Dawley Corners, VA: higher priced homes
- Sightly, WA: equally priced homes
- Round Mountain, TX: higher priced homes
- Oshkosh, NE: less expensive homes
- Ashkum, IL: less expensive homes
- Wattensaw, AR: less expensive homes
- Crawford, NE: less expensive homes
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