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These days, finding an affordable place to live in the Concord area can be challenging. Home prices in Concord are now at a median cost of $189,741, lower than the Michigan average of $250,415.
The average cost of rent is $873/mo in Concord, primarily driven by the current value of real estate in the Concord area. In Concord, 10.23% of households rent, and 47.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Concord is $5,666 per month. Households that rent pay about 15.41% of their income on rent here. Concord’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pulaski, MI: equally priced homes
- Spring Arbor, MI: equally priced homes
- Albion, MI: less expensive homes
- Parma, MI: higher priced homes
- Hanover, MI: higher priced homes
- Sandstone, MI: higher priced homes
- Devereaux, MI: equally priced homes
- Homer, MI: less expensive homes
- Horton, MI: higher priced homes
- Eckford, MI: equally priced homes
Cities with Similar Populations
- Cobden, IL: less expensive homes
- Magdalena, NM: less expensive homes
- Whitesburg, TN: equally priced homes
- Whitehall, MT: higher priced homes
- Waterville, MN: higher priced homes
- Trenton, NC: less expensive homes
- Toomsuba, MS: less expensive homes
- Thompson Falls, MT: higher priced homes
- Stockton, IL: less expensive homes
- Steep Falls, ME: higher priced homes
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