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These days, finding an affordable place to live in the Coalmont area can be challenging. Home prices in Coalmont are now at a median cost of $162,999, lower than the Indiana average of $232,932.
The average cost of rent is $720/mo in Coalmont, primarily driven by the current value of real estate in the Coalmont area. In Coalmont, 11.05% of households rent, and 52.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coalmont is $7,581 per month. Households that rent pay about 9.49% of their income on rent here. Coalmont’s most expensive areas are in the central 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
- Clay City, IN: less expensive homes
- Lewis, IN: equally priced homes
- Buchanan Corner, IN: equally priced homes
- Howesville, IN: equally priced homes
- Cory, IN: less expensive homes
- Jasonville, IN: less expensive homes
- Saline City, IN: equally priced homes
- Denmark, IN: less expensive homes
- Daggett, IN: less expensive homes
- Hymera, IN: less expensive homes
Cities with Similar Populations
- Butler, IL: equally priced homes
- County Line, NY: less expensive homes
- Como, CO: higher priced homes
- Coleta, IL: less expensive homes
- Clutier, IA: less expensive homes
- Chriesman, TX: higher priced homes
- Chloe, WV: less expensive homes
- Cedar Rapids, NE: equally priced homes
- Butler, TX: higher priced homes
- Vermont, IN: higher priced homes
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