Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Banner area can be challenging. Home prices in Banner are now at a median cost of $88,373, lower than the Kentucky average of $164,895.
The average cost of rent is $762/mo in Banner, primarily driven by the current value of real estate in the Banner area. While nearly 58.43% of residents own their homes outright in Banner, 28.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Banner is $2,885 per month. Households that rent pay about 26.41% of their income on rent here. Banner's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Dana, KY: equally priced homes
- Tram, KY: equally priced homes
- Ivel, KY: equally priced homes
- Betsy Layne, KY: higher priced homes
- Stanville, KY: higher priced homes
- Allen, KY: less expensive homes
- Martin, KY: equally priced homes
- Printer, KY: less expensive homes
- Dwale, KY: higher priced homes
- Harold, KY: less expensive homes
Cities with Similar Populations
- Kualapuu, HI: higher priced homes
- Corapeake, NC: higher priced homes
- Alderson, WV: higher priced homes
- New Lebanon, NY: higher priced homes
- Montreal, MO: higher priced homes
- McKenney, VA: higher priced homes
- Norwood, MO: higher priced homes
- Lawrenceville, PA: higher priced homes
- Hornbeck, LA: higher priced homes
- Heppner, OR: higher priced homes
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