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Affordable
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These days, finding an affordable place to live in the Commercial Point area can be challenging. Home prices in Commercial Point are now at a median cost of $353,567, higher than the Ohio average of $236,816.
The average cost of rent is $2,018/mo in Commercial Point, primarily driven by the current value of real estate in the Commercial Point area. In Commercial Point, 5.23% of households rent, and 27.90% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Commercial Point is $9,007 per month. Households that rent pay about 22.40% of their income on rent here. Commercial Point’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Matville, OH: less expensive homes
- Orient, OH: less expensive homes
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- Pleasant Corners, OH: equally priced homes
- Darbyville, OH: equally priced homes
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- Hamilton Meadows, OH: less expensive homes
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Cities with Similar Populations
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- Hawthorne, NV: less expensive homes
- Haskell, TX: less expensive homes
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