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These days, finding an affordable place to live in the Ballouville area can be challenging. Home prices in Ballouville are now at a median cost of $335,878, lower than the Connecticut average of $418,901.
The average cost of rent is $1,321/mo in Ballouville, primarily driven by the current value of real estate in the Ballouville area. In Ballouville, 21.27% of households rent, and 35.27% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Ballouville is $8,594 per month. Households that rent pay about 15.38% of their income on rent here. Ballouville’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pomfret Landing, CT: equally priced homes
- Pomfret Center, CT: higher priced homes
- Rogers, CT: less expensive homes
- Pomfret, CT: higher priced homes
- Brooklyn, CT: equally priced homes
- Abington, CT: higher priced homes
- Dayville, CT: equally priced homes
- Danielson, CT: less expensive homes
- East Brooklyn, CT: equally priced homes
- Putnam, CT: less expensive homes
Cities with Similar Populations
- Errol, NH: less expensive homes
- Mount Hope, MO: less expensive homes
- Wellesley Island, NY: higher priced homes
- Millnerville, IA: equally priced homes
- Elberta, MI: less expensive homes
- Midway, CO: higher priced homes
- Weathersfield Bow, VT: less expensive homes
- Elk City, ID: higher priced homes
- Mentz, TX: less expensive homes
- Mellott, IN: less expensive homes
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