Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Cerro Gordo area can be challenging. Home prices in Cerro Gordo are now at a median cost of $99,197, lower than the North Carolina average of $226,477.
The average cost of rent is $661/mo in Cerro Gordo, primarily driven by the current value of real estate in the Cerro Gordo area. While nearly 65.66% of residents own their homes outright in Cerro Gordo, 32.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cerro Gordo is $5,009 per month. Households that rent pay about 13.19% of their income on rent here. Cerro Gordo's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Cherry Grove, NC: higher priced homes
- Hinson Crossroads, NC: equally priced homes
- Grist, NC: less expensive homes
- Fair Bluff, NC: less expensive homes
- Chadbourn, NC: less expensive homes
- Williamson Crossroads, NC: higher priced homes
- Wards, NC: equally priced homes
- Emerson, NC: equally priced homes
- Evergreen, NC: less expensive homes
- Boardman, NC: equally priced homes
Cities with Similar Populations
- Wakulla, NC: less expensive homes
- Cabot, VT: higher priced homes
- Canaan, NY: higher priced homes
- Cataumet, MA: higher priced homes
- Cathance, ME: higher priced homes
- Chesterville, OH: higher priced homes
- Chickasaw, OH: higher priced homes
- Tipton, OK: less expensive homes
- Tyronza, AR: less expensive homes
- Vanoss, OK: higher priced homes
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