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Affordable
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These days, finding an affordable place to live in the Buckhorn area can be challenging. Home prices in Buckhorn are now at a median cost of $389,093, higher than the Michigan average of $250,415.
The average cost of rent is $1,721/mo in Buckhorn, primarily driven by the current value of real estate in the Buckhorn area. In Buckhorn, 3.16% of households rent, and 45.02% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Buckhorn is $12,805 per month. Households that rent pay about 13.44% of their income on rent here. Buckhorn’s most expensive areas are in the central 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
- Hinchman, MI: less expensive homes
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Cities with Similar Populations
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- Study Butte, TX: less expensive homes
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- Dellwood, OR: equally priced homes
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- Dever, OR: higher priced homes
- DeVol, OK: less expensive homes
- Dewey Beach, DE: higher priced homes
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