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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 $209,387, higher than the Mississippi average of $183,008.
The average cost of rent is $845/mo in Caledonia, primarily driven by the current value of real estate in the Caledonia area. In Caledonia, 16.72% of households rent, and 37.92% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Caledonia is $7,463 per month. Households that rent pay about 11.32% of their income on rent here. Caledonia’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Kolola Springs, MS: equally priced homes
- Steens, MS: less expensive homes
- Hamilton, MS: less expensive homes
- Columbus AFB, MS: less expensive homes
- Molloy, AL: less expensive homes
- Lackey, MS: less expensive homes
- Darracott, MS: less expensive homes
- Columbus, MS: less expensive homes
- Forest, AL: less expensive homes
- Hightogy, AL: less expensive homes
Cities with Similar Populations
- Falmouth, KY: less expensive homes
- Orofino, ID: higher priced homes
- Exeter, PA: less expensive homes
- Exeter, RI: higher priced homes
- Oregon, IL: less expensive homes
- Fair Grove, MO: higher priced homes
- Orange Grove, TX: less expensive homes
- Ona, WV: equally priced homes
- Olustee, FL: higher priced homes
- Olivet, MI: equally priced homes
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