
Home Price Key
These days, finding an affordable place to live in the Carwood area can be challenging. Home prices in Carwood are now at a median cost of $216,132, higher than the Indiana average of $175,617.
The average cost of rent is $1,234/mo in Carwood, primarily driven by the current value of real estate in the Carwood area. While nearly 40.23% of residents own their homes outright in Carwood, 15.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Carwood is $8,179 per month. Households that rent pay about 15.09% of their income on rent here. Carwood's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Broom Hill, IN: equally priced homes
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- Daisy Hill, IN: less expensive homes
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Cities with Similar Populations
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- Diamond, WY: higher priced homes
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- Sparenberg, TX: less expensive homes
- Square Butte, MT: equally priced homes
- Standing Rock, KY: less expensive homes
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