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These days, finding an affordable place to live in the Buchanan area can be challenging. Home prices in Buchanan are now at a median cost of $167,955, lower than the Ohio average of $236,816.
The average cost of rent is $930/mo in Buchanan, primarily driven by the current value of real estate in the Buchanan area. In Buchanan, 20.13% of households rent, and 58.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buchanan is $4,577 per month. Households that rent pay about 20.31% of their income on rent here. Buchanan’s most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Nipgen, OH: less expensive homes
- Idaho, OH: less expensive homes
- Waverly, OH: equally priced homes
- Morgantown, OH: equally priced homes
- Denver, OH: less expensive homes
- Wakefield, OH: equally priced homes
- Waverly Gables, OH: higher priced homes
- Spargursville, OH: equally priced homes
- Piketon, OH: equally priced homes
- Waverly City, OH: equally priced homes
Cities with Similar Populations
- Iago, TX: higher priced homes
- Scammon Bay, AK: less expensive homes
- Haysville, KY: less expensive homes
- Henderson, WV: equally priced homes
- Herndon, KY: equally priced homes
- Hickory Flat, KY: higher priced homes
- High Plains, KY: equally priced homes
- Highland, TN: less expensive homes
- Hitchins, KY: less expensive homes
- Sassafras, KY: less expensive homes
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