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These days, finding an affordable place to live in the Balsora area can be challenging. Home prices in Balsora are now at a median cost of $291,458, lower than the Texas average of $322,096.
The average cost of rent is $1,215/mo in Balsora, primarily driven by the current value of real estate in the Balsora area. In Balsora, 7.11% of households rent, and 54.37% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Balsora is $8,537 per month. Households that rent pay about 14.23% of their income on rent here. Balsora’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Willow Point, TX: higher priced homes
- Boonsville, TX: equally priced homes
- Paradise, TX: higher priced homes
- Lake Bridgeport, TX: less expensive homes
- Bridgeport, TX: less expensive homes
- Gibtown, TX: higher priced homes
- Lucky Ridge, TX: higher priced homes
- Runaway Bay, TX: higher priced homes
- Wizard Wells, TX: less expensive homes
- Joplin, TX: higher priced homes
Cities with Similar Populations
- Cameron, LA: less expensive homes
- New Georgia, AL: less expensive homes
- Chestnut Grove, TN: less expensive homes
- Chatawa, MS: less expensive homes
- Chambers, NE: less expensive homes
- Cash Corner, ME: higher priced homes
- Trinchera, CO: less expensive homes
- Troy, SC: less expensive homes
- Turley, OK: less expensive homes
- Tyhee, ID: higher priced homes
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