Home Price Key
Affordable
Average
Expensive
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 $129,813, lower than the Tennessee average of $218,916.
The average cost of rent is $815/mo in Buchanan, primarily driven by the current value of real estate in the Buchanan area. While nearly 50.66% of residents own their homes outright in Buchanan, 5.72% rent.
Housing affordability isn’t just about home prices, though. The average household income in Buchanan is $3,434 per month. Households that rent pay about 23.74% of their income on rent here. Buchanan's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Springville, TN: less expensive homes
- Moons, TN: less expensive homes
- New Concord, KY: less expensive homes
- New Providence, KY: equally priced homes
- India, TN: higher priced homes
- Puryear, TN: less expensive homes
- Hazel, KY: higher priced homes
- Lick Creek, TN: less expensive homes
- Foundry Hill, TN: less expensive homes
- Whitlock, TN: less expensive homes
Cities with Similar Populations
- Tonopah, NV: higher priced homes
- Argyle, NY: higher priced homes
- Greybull, WY: higher priced homes
- Graford, TX: higher priced homes
- Kinderhook, NY: higher priced homes
- Garland, NC: less expensive homes
- Fawn Grove, PA: higher priced homes
- Pelham, NC: less expensive homes
- Pomaria, SC: higher priced homes
- Muir, CA: higher priced homes
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