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These days, finding an affordable place to live in the Coleman area can be challenging. Home prices in Coleman are now at a median cost of $363,800, lower than the Maryland average of $450,578.
The average cost of rent is $2,033/mo in Coleman, primarily driven by the current value of real estate in the Coleman area. In Coleman, 14.44% of households rent, and 41.82% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Coleman is $5,542 per month. Households that rent pay about 36.69% of their income on rent here. Coleman’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Betterton, MD: equally priced homes
- Still Pond, MD: less expensive homes
- Worton, MD: less expensive homes
- Georgetown, MD: equally priced homes
- Kentmore Park, MD: less expensive homes
- Hazelmoor, MD: higher priced homes
- Kennedyville, MD: less expensive homes
- Chestertown, MD: equally priced homes
- Foxley Manor, MD: less expensive homes
- Fairlee, MD: equally priced homes
Cities with Similar Populations
- Little River, NC: less expensive homes
- Wicomico, MD: higher priced homes
- South Salem, IN: less expensive homes
- Linnton, OR: higher priced homes
- Southland, TX: less expensive homes
- Wien, MO: less expensive homes
- Wilhelmina, MO: less expensive homes
- East Berwick, PA: less expensive homes
- Listonburg, PA: less expensive homes
- Little Machias, ME: less expensive homes
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