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These days, finding an affordable place to live in the Caledonia area can be challenging. Home prices in Caledonia are now at a median cost of $229,098, higher than the Kentucky average of $219,615.
The average cost of rent is $831/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. In Caledonia, 7.79% of households rent, and 30.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $7,054 per month. Households that rent pay about 11.78% of their income on rent here. Caledonia’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Newstead, KY: equally priced homes
- Montgomery, KY: less expensive homes
- Gracey, KY: equally priced homes
- Peedee, KY: less expensive homes
- Julien, KY: equally priced homes
- Roaring Spring, KY: less expensive homes
- Herndon, KY: less expensive homes
- Cadiz, KY: less expensive homes
- Church Hill, KY: equally priced homes
- Wallonia, KY: less expensive homes
Cities with Similar Populations
- Willow Island, WV: less expensive homes
- Aquone, NC: higher priced homes
- Westphalia, IN: less expensive homes
- Boissevain, VA: less expensive homes
- Winslow, NJ: higher priced homes
- Medora, ND: higher priced homes
- Mauzy, IN: less expensive homes
- Maysville, IN: less expensive homes
- McCracken, KS: less expensive homes
- Tisdale, KS: less expensive homes
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