Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Broom Hill area can be challenging. Home prices in Broom Hill are now at a median cost of $227,577, higher than the Indiana average of $175,617.
The average cost of rent is $949/mo in Broom Hill, primarily driven by the current value of real estate in the Broom Hill area. While nearly 53.32% of residents own their homes outright in Broom Hill, 4.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in Broom Hill is $8,249 per month. Households that rent pay about 11.50% of their income on rent here. Broom Hill's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Carwood, IN: equally priced homes
- Borden, IN: less expensive homes
- Memphis, IN: less expensive homes
- Sellersburg, IN: less expensive homes
- Speed, IN: equally priced homes
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- Floyds Knobs, IN: higher priced homes
- Henryville, IN: less expensive homes
- New Albany, IN: less expensive homes
- Greenville, IN: higher priced homes
Cities with Similar Populations
- Clark, PA: less expensive homes
- Red Hill, KY: less expensive homes
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- Dickinson, PA: less expensive homes
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- Scotsdale, MO: less expensive homes
- Crawfordsville, OR: higher priced homes
- Silver Beach Heights, FL: equally priced homes
- Cory, IN: less expensive homes
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